E.D. Hart

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  • Is Oil a Bubble? Part One
    Learn to distinguish between trends and bubbles. Oil is in a trend. Not everything that increases rapidly is a bubble. Oil was $2 a barrel in the 1940s--now its $135. Do we revert to the mean? Or does the worlds diminishing supply and rising demand portend a rising trend?
    May 23 19:09 pm |Rating: 0 0 |Link to Comment |View article

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