Mac1958
Diamond Member
Wrong..
OPEC is trying to break the backs of the burgeoning American oil industry, and it very well may happen.
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The "burgeoning American oil industry" (founded around 1880) is how OPEC refines it's crude stateside. OPEC could send every barrel of crude over here and nobody could use a drop of it if these infantile industries were not here to refine it.
Can you think of any elements of the American oil industry besides refining?
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