Dramatic increase in the price of oil was unambiguously

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Critical comment: How to analyzed that adjusted for inflation, the price of oil increased from about $30 a barrel in 2002 to about $100 a barrel in 2008 and (except for 2009-10) remained around that level until mid-2014. Being Canada an oil exporter, some observers concluded that this dramatic increase in the price of oil was 'unambiguously good' for Canada.

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