Oh well this means the price of oil will ratchet back up again...

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    Oh well this means the price of oil will ratchet back up again ... what it's already up!

    Tapis Crude currently AUD$130/bbl
    WTI Crude currently USD$96.65/bbl

    A bouyant US economy means increasing oil prices which will lead to ... further blowouts in expenditure and another recession.

    Goody goody! ... not!
 
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