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$40 billion that could have been better spent

My Clean Break column today looks at the high risks petroleum companies are prepared to take to hunt down and extract new oil reserves in a world where all the easy oil is gone. BP reported this week...

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Jeff Rubin: latest views on BP oil spill, shale gas, oil sands and peak oil

Oil prices are at a two-year high, and a big part of this is surging demand from China. Platts reported this week that China’s oil demand surged to an all-time high in November and demand for the first...

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