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Poll: Are Oil Prices Artificially High?


Tight oil supplies, red-hot global demand and a weakening dollar will boost average oil prices to a record level next year, a Reuters poll showed on Wednesday.

Analysts raised their average 2008 oil price forecast for U.S. crude to $67 a barrel as many believe the current rally will continue well into next year. The forecast surpasses the record average of $66.24, reached in 2006.

What do you think about the price of oil? Is it a honestly a function of supply and demand or are prices artificially inflated by oil companies? We want to know!

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