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Member Since: 12/2006Last Seen: 11/28/2009

US Says OPEC To Earn Almost $1 Trillion From Oil This Year

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Net oil export earnings from the Organization of the Petroleum Exporting Countries were forecast to soar 45 percent from last year's record $676 billion to $980 billion this year and then fall to $880 billion in 2009, when oil prices are expected to be lower, the Energy Information Administration said this week.

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