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Manhattan, NY - Bloomberg: Costly Oil is Good

Sep 26, 2008 at 01:10 PM

Manhattan, NY - Most Americans are rooting for oil prices to plunge, but Mayo Bloomberg isn't one of them. "My great fear is that the cost of energy will come down rapidly and so low that we will forget the lessons we should have learned, and we'll walk away from the environmental challenges," the mayor said during a panel discussion at the Clinton Global Initiative in Midtown. Bloomberg's...

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