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WHERE 1=1 AND (
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( wp_postmeta.meta_key = \'the_author\' AND wp_postmeta.meta_value = \'1152818\' )
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GROUP BY wp_posts.ID
ORDER BY wp_posts.post_date DESC
LIMIT 0, 6'
New-world fundamentals hold sway in oil markets
Over the past two years, though, oil markets have been sending a clear message, reinforced during the past two months as prices have surged as high as $55 a barrel.
The gnawing concern about Hubbert’s Peak, the theory that worldwide oil production may be in permanent decline, is colliding with increased demand from emerging markets such as China. The result is an oil market that defies convention.
March 15, 2005
