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It’s a sign that investors think that crude oil prices “will keep climbing despite evidence of plentiful supplies and falling demand,” says John Wilen of AP. He goes on to say, “The fact that there was no overriding reason for such a price spike could be a bad omen for consumers already bearing the burdens of high heating costs and falling real estate values.” The reason: investors are moving to the oil futures market, driving up prices, as a hedge against the falling dollar. (And let’s not forget: demand from China and India continues to forge ahead, even as the U.S. economy sputters.) The Energy Department said that it expects gasoline prices to peak this spring well above the record – $3.227 a gallon average – set last May when the WWO game was going on. When, it should be noted, oil prices were “only” $65 a barrel.

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It was the world's first serious alternate reality game, a cooperative pre-imagining of a global oil crisis. Over 1900 players collaborated in May 2007 to chronicle the oil crisis with their own personal blog posts, videos, images and voicemails. The game ended after simulating the first 32 weeks of the oil shock, but its effects continue, as game designers analyze its unique gameplay and we all watch the continuing drama with global oil prices and supply.
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