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Halting, or even dislocating, the flow of one-fifth of the world's oil supply could send the price of crude into the stratosphere. But the oil market doesn't appear to take the threat seriously.
When I heard the news this morning that OPEC will cut its production by 1.5 million barrels per day next month, I thought they made a good decision…
With gas prices well over $4 a gallon here in Los Angeles, a lot of us are limiting the short drives to the store and other impulse runs we used to…