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Penn West Petroleum Ltd. Message Board

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  • manylumen manylumen Jul 11, 2009 5:01 PM Flag

    IEA: oil demand rebound next year

    mabe maybe not. Economy is still in shambles. On bbc news web site today in asia news, an article: "Idling ships clog singapore shores", so we are not out of the slump yet. Oil could get weaker yet but is a buy at this point and below imo. Peak oil is still coming and there are no real good alternatives to oil.

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