javadoc Posted October 2, 2005 Report Share Posted October 2, 2005 True dat, you have a good point. <shoulda opened anwr> ;) Link to comment Share on other sites More sharing options...
StickThatClutch Posted October 2, 2005 Report Share Posted October 2, 2005 True dat, you have a good point. <shoulda opened anwr> Jupp, I'm still trying to figure how to get my light sweet crude out of Tajikistan. Link to comment Share on other sites More sharing options...
Asinine Posted October 3, 2005 Author Report Share Posted October 3, 2005 No matter what the easy crude to extract is still very plentiful, so supply vs. demand doesn't justify these oil prices.American control of Iraqi oil fields SHOULD increase Iraqi export capacity (guess where destination #1 will likely be) - another boost to supply.Of course if the US isn't extracting oil from Iraq (i'm pretty sure they are) then they are in for some fat pay checks as long as oil prices stay artificially high.On another note, higher oil prices of course is the norm not the exceptions (based on historical comparisons), so on that note, we should build some (more) oil refineries in Alberta to refine the oil sands oil since at these prices it is profitable to pump. That makes sense for a number of reasons: 1) Saves money on piplines (creation and use) 2) no threat of natural disasters 3) canada is better Haha.. Link to comment Share on other sites More sharing options...
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