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Politics : THE WHITE HOUSE

SPY 692.24

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Jan 15 4:00 PM EST

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To: steve harris who wrote (21034)	8/1/2008 11:33:06 AM
From: DuckTapeSunroof	Read Replies (1) of 25737

Re: "You might be surprised to discover that production levels of oil decline when new sources of oil are blocked from coming to market." Since there is ZERO geological connection between dissimilar reserves, perhaps you are alleging some sort of basis in ECONOMICS or in HUMAN PSYCHOLOGY for you asserted, (yet unsupported with any evidence) 'effect', Steve? (If so, is this 'effect' modeled along the lines of a Bell Curve, a la the 'Laffer Curve'? Where resource OWNERS voluntarily choose to withhold production from market in order to maximize their eventual net gains? Is that the basic effect you are asserting??????????)

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