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To: joesnuffy
Our "good friends"....the (Wahhabis...Saudis are loving it)

The price of gasoline and the price of oil don't really have much to do with each other. They fluctuate independently depending on the demand for each.

If all our refineries exploded on the same day, what would prices do?

Gasoline would immediately soar. Oil would plummet because there would be no place to use it.

So, unless the Saudis are selling us gasoline instead of crude, this temporary shortage of gasoline in America doesn't benefit them at all.

17 posted on 08/22/2003 5:55:11 AM PDT by Dog Gone
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To: Dog Gone
Well, at the moment, oil is nowhere near the OPEC price target band of $22-$28, an average of $25. They could increase supply and get it to $25 and prices for refined inventories would fall and the American taxpayer would get a "tax cut" at the pump.
44 posted on 08/22/2003 6:52:21 AM PDT by GraniteStateConservative (Willie Green for President...)
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