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Politics : Politics for Pros- moderated
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To: skinowski who wrote (256052)6/29/2008 11:45:24 AM
From: Nadine Carroll  Read Replies (1) of 793843
 
Oil is fungible, and the world is going through more that 87 million barrels every single day. ANWR would cover but a small fraction

Yes, but that hardly means that smaller numbers don't matter. It doesn't take a huge number to change the market from 'not enough supply' to 'enough supply', which in turn makes the difference between 'rising price' and 'stable price'.
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