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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Jim Owen / The Bulletin
January 12, 2009
If the cost of a barrel of oil jumps up to $145 and then drops to $35, all in less than a year, what’s that called? It’s called peak oil. A 50 percent price increase is followed by a 76 percent price drop all in one year. What does that mean? It means we have reached a point....
