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Tuesday, September 25, 2007

Video: Insurgents Hit Oil Refinery In Iraq

This video, from September 19th, purports to discuss the fact that Iraqi 'insurgents' struck at and severely damaged an oil pipeline for the largest oil refinery in Iraq. It'll be interesting to see what happens to energy prices as this impact sinks in -- although it is worth noting that energy futures in America were largely unaffected; whereas when the Gulf of Mexico had a hurricane 'scare', energy prices reached record highs. Enjoy the visual-learning goodness.