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                    [Title] => Low growth
                    [Summary] => We all know this from experience: the only real antidote to surges in the price of fossil fuels is a global recession.


This is a chilling thought as we watch, helplessly, the steady but uninterrupted climb of oil prices. Each week, it seems, we hit a new historic high. The past few days, oil prices hovered at the once unthinkable level of $64 per barrel.


                    [DatePublished] => 2005-08-11 00:00:00
                    [ColumnID] => 134157
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                    [AuthorID] => 1804783
                    [AuthorName] => Alex Magno
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SACIEA RAYMUNDO MAGNO

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                    [Title] => Low growth
                    [Summary] => We all know this from experience: the only real antidote to surges in the price of fossil fuels is a global recession.


This is a chilling thought as we watch, helplessly, the steady but uninterrupted climb of oil prices. Each week, it seems, we hit a new historic high. The past few days, oil prices hovered at the once unthinkable level of $64 per barrel.


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Low growth

By FIRST PERSON | By Alex Magno | August 11, 2005 - 12:00am

We all know this from experience: the only real antidote to surges in the price of fossil fuels is a global recession. This is a chilling thought as we watch, helplessly, the steady but uninterrupted climb of oil...

Opinion