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Posts Tagged ‘ Kuwait invasion ’

The Alternative Energy Market: Bullish & Bearish Scenarios For NYSE: PBW

Jun 22nd, 2009 | By Jim Stanton | Category: Featured, Oil Investment & Alternative Energy

When oil prices moved over $30 a barrel in the mid 1980s, it was considered a significant event. It also signaled the birth of small ethanol companies in the Midwest. Many of them managed to hang around long enough to get a second wind when Iraq’s invasion of Kuwait and the ensuing Gulf War pushed oil prices pushed past $40.

Tags: alternative energies, Crude Oil Prices, Global Downturn, Global Economy, Jim Stanton, Kuwait invasion, Oil Demand, PBW, PEIX, XOM
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