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Libyan Oil to Calm World Energy Market

Market Watch - Friday, Oct. 14, 2011

Oil reservoir expert Nansen Saleri says the re-start of production from Libya will calm world energy markets, while down the road he sees huge potential for Iraq and Libya since much of their territory remains unexplored. The U.S. shale gas boom could also help reduce dependence on foreign oil as electric cars catch on and use juice from gas-fired power plants. >>