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Energy and Advice

Tuesday, May 6, 2008

The price of oil is predicted to reach US$200 per barrel by 2010. The right approach is needed to simultaneously counter this.

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CHAKIB Khelil’s forecast is something to worry about. As president of the Organization of Petroleum Exporting Countries (OPEC), he estimates that oil prices will reach the U$200 mark in 2010. If Khelil and other analysts are right, there will be many economic problems ahead of us.

Indonesia will face major difficulties. Even now, Indonesia has enough problems, with oil at around US$120 per barrel. This means that the problems Indonesia will fa

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