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Old 09-17-2008, 06:22 AM
nevermind65 nevermind65 is offline
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Yawn! Go ahead and call. Let me try to explain this to you. Our oil industry is NOT nationalized, so any oil that gets drilled in the U.S. gets put on the open market. Granted most of it stays here, but the price of crude won't magically drop because they are drilling in your back yard. We've recently seen that supply doesn't necessarily equal price in the fact that we have had plenty of oil on the market, but the price per barrel was still skyrocketing. Look what happened in the last few days. Gas is now $4.00/gal, and crude was around $92/barrel.

I'm not against drilling, but if you whiners think that drilling is going to magically bring the price down to $.30/gal, you are kidding yourselves.
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