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Friday, November 11, 2011

Anyone else notice that oil is above $99....

... and no major Middle East crisis yet .... obviously killing the Keystone XL did not do this on a supply and demand basis, but one wonders if the implications of killing the Keystone are at least part of the reason ... or did I miss something about the economy taking off this next week?

.... and the number of active duty rigs has quietly hit 200 again, one short of tying the all-time record of 201.

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