In this video, Philip K. Verleger, Jr., senior adviser in an economics firm in Massachusetts, discusses why the cost of crude oil should stay below $80 a barrel. [59:26]

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crude oil costs, global oil crisis, oil consumption, price of crude oil, supply and demand of oil, world oil prices, philip k. verleger, jr., university of california television: why crude should never exceed $80 a barrel, world oil

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Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)

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