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To: Hodar; steve50; Joe Hadenuf
But, but, but.... I was told that GW Bush and his cronies went into Iraq to steal their oil, so he and his buddies could all get rich off of cheap fuel..

Actually Iraq is up to it's pre-war levels at about 2 million barrels per day. The oil infrastructure under saddam was miserable. Although Iraq has tons of oil it will take at least 5 years for them to get to Saudi levels. Iraq's oil poroduction will go up, though.

As for the dollar Steve, oil is still sold in dollars so the devaluation has nothing to do with it. Saudi's and OPEC can cut back production to get the dollar price up.

Also as has been noted refinery capaicty in the US is lacking and add in different grades of gasoline and you have a supply problem of refined gasoline. You can blame the demos and the envirowhackos for that.

But you three may go on with on with your uninformed and knee jerk statements.

94 posted on 03/02/2004 9:19:21 AM PST by Dane
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To: Dane
As for the dollar Steve, oil is still sold in dollars so the devaluation has nothing to do with it.

So a dollar that's worth 40% less has nothing to do with the producers wanting more of them for the same amount of a product. I hope you never attempt to run a business, at least not with anybodies money other than your own.

106 posted on 03/02/2004 9:30:34 AM PST by steve50 ("Every decent man is ashamed of the government he lives under." -H. L. Mencken)
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To: Dane
Also as has been noted refinery capaicty in the US is lacking and add in different grades of bla bla

Say, are you not the same guy that runs to every thread attacking anyone that has "had it" with our country being invaded by millions of illegal aliens?

Yeah, your the same guy all right. No mistake.

124 posted on 03/02/2004 9:41:05 AM PST by Joe Hadenuf (I failed anger management class, they decided to give me a passing grade anyway)
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