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Considering it is priced by the dollar. Pull a thirty year dollar chart over lay crude and look at the correlation. More supply will help mitigate risk premium. As far as the politics of the situation is concerned, I've heard for over ten years that new supply won't come on line in time to reduce prices but that argument was stated for at least the last ten years and if we had begun back then it might be helping some by now. What we're doing is certainly not working and nat gas is a wonderful option but the same argument is being used against it. Short sighted and partisan.
Posts in this Thread:
- Costs of fuel... world market forces, Dean, Fri, 2 Mar 2012 11:07:47
- You forgot speculators, Bruce, Sat, 3 Mar 2012 21:00:14
- Re: Costs of fuel... world market forces, Reality, Fri, 2 Mar 2012 14:44:12
- Re: Costs of fuel... world market forces, James, Fri, 2 Mar 2012 11:54:20
- A chicken in every pot..., dtech aka cheaptech, Fri, 2 Mar 2012 11:24:28
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