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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (415197)9/8/2008 1:08:51 PM
From: TigerPaw  Read Replies (1) of 1576992
 
Oil in 1950 was about $2.50/barrel

That's only because the drill everywhere and use it up philosophy was in full swing. The U.S. fields weren't pumped dry overnight, there was lots of oil once, but it got used for insignificant purposes.

TP
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