From the front page feature article in today's Washington Post:
Thanks to the rapid and sustained rise in prices, oil-producing countries are also accumulating vast reservoirs of money in one of the most massive transfers of wealth in history. Every day, oil consumers pay $6 billion to $7.5 billion more for crude oil than they paid six years ago. At the current rate, they will pump more than $1.5 trillion a year into the coffers of OPEC, Russia and other oil exporting countries.
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