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Significant impact on supply, but again, it gives speculators room to make another bet. this is going to delay development, it's going to have impact on our supply, which is true, albeit small, but nevertheless it gives trader another reason to push oil prices higher. >> you make a good point about currency. the less a u.s. dollar is worth, the more dollars it takes to buy a barrel of oil. because you made a good point, fadel, i'm going to excuse you for saying i'm wrong on national tv, even though you're smarter than me so you're probably right. >> i'm not smarter than you, but i'm older than...

High energy prices and we can expect them to remain high, and that means from everything you pay at the price at the pump and the grocery store. how do you offset those cost increases? you can invest. here to tell us how to do that is jim. welcome back to the show. there are a lot of different ways to play high oil prices. you've got a fund that you're following that you think my average viewer can get involved in as a way to look at oil prices. it's the iye. >> yeah, the dow jones energy sector, and basically it's a cheap and efficient way to play the long-term growth in the price of oil, and...

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Efficient way to invest. >> this thing is up 33.6% in one year. what do we do for investors that think they might have missed the boat on this? >> any time you're look the at the price of oil that might be speculative, there is always a chance it could have short term correction. but if you believe in the long term that there is tremendous strategic risk in the middle east and that we're getting recovery in the developed markets like the united states, that means long term the price of oil is going to go up. so you might get short term corrections, but if you're thinking long term, you want to...

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