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	<title>Contrarian Stock Market Investing News - Featuring Bargain Stocks &#187; Explosive Growth</title>
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		<title>Crude Oil Prices Threatening Global Growth</title>
		<link>http://www.contrarianprofits.com/articles/crude-oil-prices-threatening-global-growth/2707</link>
		<comments>http://www.contrarianprofits.com/articles/crude-oil-prices-threatening-global-growth/2707#comments</comments>
		<pubDate>Mon, 02 Jun 2008 14:01:53 +0000</pubDate>
		<dc:creator>Contrarian Profits</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Financial News]]></category>
		<category><![CDATA[10 Years]]></category>
		<category><![CDATA[Alternative Energy Sources]]></category>
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		<category><![CDATA[Conventional Oil]]></category>
		<category><![CDATA[Crude Oil Prices]]></category>
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		<category><![CDATA[ethanol]]></category>
		<category><![CDATA[Explosive Growth]]></category>
		<category><![CDATA[Fuel Industry]]></category>
		<category><![CDATA[global growth]]></category>
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		<guid isPermaLink="false">http://www.contrarianprofits.com/articles/crude-oil-prices-threatening-global-growth/2707</guid>
		<description><![CDATA[<p> Sky-high crude oil prices are threatening global growth for the first time in decades, according to Thomson Reuters, and are &#8220;spurring a <a href="http://www.reuters.com/article/CentralEuropeanInvestment08/idUSSP32671320080602" title="Open a new browser window to learn more." target="_blank">desperate surge </a>in interest in energy alternatives and new technology to keep conventional oil flowing.&#8221;</p>
<p>“The richest <a href="http://www.contrarianprofits.com/articles/legendary-oil-man-turns-back-on-oil/2592" title="Read more">investment opportunities</a> can be found in the fast-emerging alternative energy sector,” says Mike Burnick in The Offshore A-Letter.</p>
<p>“That’s where oilman T. Boone Pickens is putting his money – his company Mesa Power just placed an order for US$2 billion in wind turbines. And there’s much more profit potential in other parts of the alternative energy sector too – especially alternative fuel.</p>
<p>“The market for ALL alternative energy sources grew 40% last year alone to US$77.3 billion and will explode into a US$250 billion industry&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p> Sky-high crude oil prices are threatening global growth for the first time in decades, according to Thomson Reuters, and are &#8220;spurring a <a href="http://www.reuters.com/article/CentralEuropeanInvestment08/idUSSP32671320080602" title="Open a new browser window to learn more." target="_blank">desperate surge </a>in interest in energy alternatives and new technology to keep conventional oil flowing.<span id="midArticle_1"></span>&#8221;</p>
<p>“The richest <a href="http://www.contrarianprofits.com/articles/legendary-oil-man-turns-back-on-oil/2592" title="Read more">investment opportunities</a> can be found in the fast-emerging alternative energy sector,” says Mike Burnick in The Offshore A-Letter.<span id="more-2707"></span></p>
<p>“That’s where oilman T. Boone Pickens is putting his money – his company Mesa Power just placed an order for US$2 billion in wind turbines. And there’s much more profit potential in other parts of the alternative energy sector too – especially alternative fuel.</p>
<p>“The market for ALL alternative energy sources grew 40% last year alone to US$77.3 billion and will explode into a US$250 billion industry within 10 years.</p>
<p>“Bio-fuel grew to a US$25.4 billion market last with more than 15 billion gallons of ethanol and biodiesel produced globally – more than double the output of just four years ago. The worldwide Bio-fuel industry will continue to enjoy explosive growth for years to come &#8211; expanding into a US$81 billion business within the next 10-years!&#8221;</p>
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