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Here is something to think about...
If we started to turn away shipments of crude oil and went to OPEC with a price of 75 bucks a barrel do you think the old "Supply and demand" theory of economics would work?
It won't and I'll explain why..
Sure we have massive amounts in reserve, but cut of the supply and watch the costs reach never before seen highs. Plus sure we have oil in America that we can pump out of Oklahoma, Texas, Alaska, and the Gulf. But consider this. Our cost to produce one barrel is triple what it is in the middle east. Why you may ask? Their oil field workers are paid on average 9 bucks an hour where ours are paid an average of 30 bucks an hour. See the difference? And the cost to refine it isn't going to change no matter what. So either way it goes I wouldn't expect prices at the pump to ever get below 2 bucks a gallon again.
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