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4
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Asian shares tumble as oil price soars
Soaring energy prices hit Asian stock investment Monday, after a record spike in crude prices stoked U.S. economic worries. Oil remained near a record $139 dollars a barrel, sparking fears of 1970s-like stagflation after the near 40% rise this year.
 

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Truth, Lies, Oil and Scotland
On 3rd of November 1975 the first barrel of oil was pumped from the North Sea on to Scotland's shores. It was an event that would change the course of history. This landmark film shows how the modern history of Scotland is intrinsically linked to the black gold being pumped out of the North Sea.
 

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3
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Dow Jones Biggest Drop This Year As Oil Hits Record High.
CNN News June 06, 2008 CNN Wolf Blitzer. Dow Jones falls as the world wakes up to a new record oil price of $139 dollars per barrel.
 

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3
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Peak Oil Now, Oil Rising Perhaps to $300 - A View From February 2007
Matthew Simmons talks to Bloomberg about global oil consumption and worldwide oil prices. This video which was broadcast in early 2007 highlights some of the problems the US and the world may see if worldwide oil consumption overtakes global oil supplies.
 

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1
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Opinion snippets on oil futures and future oil price predictions
James Halloran, an energy analyst at National City Private Client Group, talks with Bloomberg's Matt Miller from Cleveland about some of the reasons for today's poor performance of energy stocks, despite record oil prices, and evidence of a change in consumer demand for fuel.
 

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Oil Price Spike Big Threat to Global Economy, By NTDTV
At the opening speech of the Group of Eight energy meeting, Japanese Trade Minister Akira Amari spoke of his concern over the escalating oil price spike. "Oil prices recently exceeded 130 dollars per barrel. I think it is abnormal and it is posing a great risk not only to energy security but also to the global economy."
 

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Oil Price Sets Another Record
Oil sets another record oil futures have climbed to a new trading record. Traders are anticipating that the dollar will continue to fall and, consequently, that investors will keep turning to commodities including oil as a hedge against inflation Source: Associated Press
 

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1
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Highly Dubious Rants! - Oil Prices
As oil prices spike once again, it seems that history has taught us nothing. A comedy sketch on high oil prices.
 

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3
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Gasoline in the US going up to $7 per gallon
Oil price effects prediction: With oil prices skyrocketing to $200 per barrel and $7 per gallon, 10 million less car will drive on American roads. Many on the brink of poverty. Source: WSI TV
 

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Oil price falls by more than $5 per barrel
The impact of a global economic slowdown on demand for oil is one of the factors which helped oil prices to fall by more than $5 a barrel on Tuesday. Source: BBC
 

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