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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Oh well this means the price of oil will ratchet back up again...
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Dr Michael Thurn, CEO & MD
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