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


To: HPilot who wrote (405977)8/12/2008 4:30:20 PM
From: combjelly  Respond to of 1574711
 
"How can a pipeline blown up between Turkey and Russia affect the oil price at any time?"

Because it takes 1 million barrels a day off the market. To put that into perspective, the top estimates I've seen that drilling the OCS is about that much. So, if drilling the OCS is going to substantially affect the price of oil, taking the same amount off the market should do the same...