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To: skinowski who wrote (419787)4/3/2011 3:02:39 PM
From: DMaA  Read Replies (1) | Respond to of 794033
 
I'm not too sure how fungible it actually is. Existing refineries are set up to require different grades, transportation facilities that exist or don't complicates matters. I don't think oil from the North Slope can be considered a practical source for a refinery in Germany.

It's not a simple as having a big pot that producers dump oil into and users draw from.