11-22-2007, 02:18 AM
[font "Tempus Sans ITC"][#808000][size 3]One thing to remember is that our refining capacity has not increased in the last 20 years while are demand has increased dramaticaly.[/size][/#808000][/font]
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[font "Tempus Sans ITC"][#808000][size 3]No matter what 10 barrels at $100 makes the same as 100 barrels at $10 dollars. I make this point because any major oil company will always produce as much as possible no matter what the price of oil is. If our countries reserves were open up and made only available to us the oil companies would make just as much if they were able to produce the amount that we now import from OPEC.[/size][/#808000][/font]
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[font "Tempus Sans ITC"][#808000][size 3][/size][/#808000][/font]
[font "Tempus Sans ITC"][#808000][size 3]No matter what 10 barrels at $100 makes the same as 100 barrels at $10 dollars. I make this point because any major oil company will always produce as much as possible no matter what the price of oil is. If our countries reserves were open up and made only available to us the oil companies would make just as much if they were able to produce the amount that we now import from OPEC.[/size][/#808000][/font]
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