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To: Bill Dupray
Look for an interesting bench mark, when the moratorium on drilling expires. Remember when the relentless rise in crude oil prices and retail gas prices occurred? It occurred immediately after President Bush announced the removal of the Executive Order against offshore drilling.

My hypothesis is that that decision by Bush, even with the congressional ban still in force, effected the oil and gas markets. The proof of that may come as soon as 30 September.

If the price of oil and gas drop again, substantially, right after 30 September, then all rational observers will know that the mere existence of the ban on drilling -- which the Democrats avidly supported -- was a principal cause of the high price of oil and gas. Congressman Billybob

Click here -- I think you'll be surprised and delighted.

Latest article, "I, Obama"

6 posted on 09/17/2008 6:36:56 AM PDT by Congressman Billybob (www.theacru.org)
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To: Congressman Billybob
I believe you meant to say that the relentless rise in crude oil prices and retail gas prices leveled-off and began reversing immediately after GWB revoked the EO.

I agree that the announcement of new leases will have the same effect.

8 posted on 09/17/2008 6:41:44 AM PDT by Charles Martel (Liberals are the crab grass in the lawn of life.)
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To: Congressman Billybob

I can’t wait. Thank you for posting that. It makes me very happy. And now, I’m off to be surprised and delighted. Thank you.


14 posted on 09/17/2008 8:05:32 AM PDT by definitelynotaliberal
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