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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (392263)6/18/2008 11:00:07 PM
From: bentway  Read Replies (2) | Respond to of 1576671
 
A really fascinating factoid presented on the Newshour tonight, 3/4 of every barrel of oil we produce in this country NOW, is sold to a foreign market. Because of the nature of the oil markets, all oil is the same and costs the same, no matter where it is produced.



To: J_F_Shepard who wrote (392263)6/19/2008 7:26:32 AM
From: Brumar89  Read Replies (1) | Respond to of 1576671
 
People are already conserving gallons because of the high prices.

And if we stop all drilling (thats what you referred to in your last post "all drilling") eventually 100% of our domestic production would go away as wells deplete.