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Politics : Actual left/right wing discussion
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To: Wharf Rat who wrote (3939)11/1/2006 11:52:54 AM
From: TimF  Read Replies (1) of 10087
 

When Whipple wrote that article, the world was demanding more than it was pumping.

Demand is expressed in terms of money (or traded goods or services), not mere desire for something. If those countries had the money to buy oil on the world market they would be bidding up its price reducing other demand.
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