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High Oil Costs May Advance Energy Conservation Research

Date: 07/07/2008
Length: 00:09:01

Car owners have been wincing in recent months as the price of oil has shot up well over the once-unimaginable $100-per-barrel mark. But an economist at Carnegie Mellon University believes that skyrocketing oil prices are a good thing, and will lead to necessary innovations in conservation and green technologies.

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