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To: alloysteel
Petroleum is a fungible resource. When one source of supply is diverted to another point, then the other sources that had been selling competitively in the former market, simply step up their deliveries, with scarcely a hiccup in supply.

Bingo. He can't stop selling oil or he's bankrupt in 10 minutes. He has to sell to someone, and if he sells to someone, its the same as selling to us. He threatens to cut us off all the time, but he's preaching to his choir, who are economic illiterates.

20 posted on 07/24/2006 10:25:20 AM PDT by marron
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To: marron

Hey, I was gonna say that!!


25 posted on 07/24/2006 10:29:40 AM PDT by griswold3 (Ken Blackwell, Ohio Governor in 2006- No!! You cannot have my governor in 2008.)
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