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"There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation."

— James Buchan
james buchan Quotes 60th Birthday,Birthday,20th Century

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James Buchan
60th Birthday
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20th Century
Crude
Industry
Long Runs
Barrels
Inflation
Crude Oil
Oil Companies

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