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    Traders Fear Oil Bubble

    Monday, January 9, 2012 - 11:58am

    The rocketing costs of oil and gas shales", which in one case has shot up 10-fold in five weeks, is raising concern of a bubble, according to Bloomberg. Bloomberg said that, “Chinese, French and Japanese energy explorers committed more than $8 billion in the past two weeks to shale-rock formations...

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