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According to what I've been reading and hearing, it wouldn't matter if we found an oil reserve the size of Saudi Arabia's...we wouldn't be able to process it, and the price would go up.
I have yet to hear a scenario, even one where something good happens, where the price of energy doesn't go up. Supply and demand are not really what drives energy. Politics drives energy prices. It is a tool, a weapon, not a commodity. Ptui!
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"To those of you who are wearing ties, I think my dad would appreciate it if you took them off." - Robert Moog
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