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Masters says signs of oil bubble starting to appear

Posted by Matt in June 4th, 2009 | no comment 
Published in Oil, , , , , ,

“Nothing was actually done by Congress to put an end to the problem of excessive speculation,” said Masters, referring to the jump in oil prices last year. “As a result, there is nothing to prevent another bubble in oil prices in 2009. In fact, signs of another possible bubble are already beginning to appear.”
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