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The Oil Drum: Europe | Energy Prices, Inflation and Denial

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Saved by 1 people (0 private), first by anonymouse user on 2008-02-04


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Higher energy prices are feeding through to rampant consumer energy price inflation. And yet the authorities and many investment houses still see energy prices falling in the future. This naive view of global energy supplies is starving energy markets of the capital required to expand conventional and alternative energy supplies.

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