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To: Dallas

I don’t mean to sound smarmy, but information like this is meaningless. Crude Oil is fungible...that means that if the Middle East doesn’t sell oil to a US company, then they will sell it to someone else. Any American who tries to avoid buying Middle East oil products simply doesn’t hurt the Middle east oil producers.

Additionally, it is common for one company to sell gasoline (or other refined products) to another company after it is refined or even ‘at the rack’. Thus a company that doesn’t buy crude oil from the Middle East probably does sell some gasoline at their stations that came from Middle East oil.


57 posted on 04/09/2008 2:42:02 PM PDT by NRG1973
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To: NRG1973

Agreed. This is more meaningless feel-good gestures that have nothning to do with reality. Oil is a global, fungible commodity.


62 posted on 04/09/2008 2:44:49 PM PDT by kabar
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