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Originally Posted by aft_lizard01 OK let me reword the part about China and India. You see there is only so much supply left in the world, Saudi Arabia is now tapping into its well of last resort which extremely expensive to tap just to maintain its output, Mexicos output is down 7.3% because of dwindling supply, Russia's output is down because of dwindling supply, it goes on and on like that. Couple this with insane policies limiting the US from extracting oil off its shore or in anwr or even accessing our own coal in parts of the US. Now couple all of that with two humongous countries with an immensely growing double digit appetite for fossil fuels and you have high fuel prices. |
There's plenty of oil Lizzie, if not, you couldn't get it.
Kinda like a Wii at Christmas. Couldn't get one. Out. Empty shelves.
Not so with oil. Plenty to be had.