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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (415197)9/8/2008 2:02:33 PM
From: combjelly  Read Replies (1) of 1576563
 
"If the price of oil goes up slower over time than a reasonable discount rate, than it makes sense to drill now rather than later."

It depends on how much slower. There is no evidence that the US has enough reserves that can economically be produced to slow the rise in oil prices very much.
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