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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (62560)1/22/2007 10:35:21 PM
From: Webster Groves  Respond to of 116555
 
I believe the US imports from SA account for less than 15% of US consumption. So strictly speaking the US could do without SA with a little conservation and a little increase from Canada via oil sands. Of course Europe and Asia are not so fortunate and oil is a global commodity.

wg