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RE:The big loot by US and it's Cronies
by Bharat Kumar on Apr 30, 2008 11:50 AM

The cost of production of one barrel of crude by Saudi Arabia is USD15. However, the selling price is USD120/ barrel ( today ).

The non- OPEC world can get out of the vicious cycle, only when they convert their Forex to a basket of currencies other than US Dollars.



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