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To: Toddsterpatriot
So, if there is no added value, why is oil at the refinery more valuable than at the well head in Saudi Arabia?

It's not. It merely costs more to transport it there.

211 posted on 06/27/2003 3:14:50 PM PDT by Willie Green (Go Pat Go!!!)
[ Post Reply | Private Reply | To 207 | View Replies ]


To: Willie Green
How do you measure value except by price?
215 posted on 06/27/2003 3:16:27 PM PDT by Toddsterpatriot
[ Post Reply | Private Reply | To 211 | View Replies ]

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