Thread: Home and Auto Gasoline over $4 coming to a pump near you because this thread is ass
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Old 08-03-2015, 12:00 PM   #89
DaneMcCloud DaneMcCloud is offline
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Quote:
Originally Posted by Donger View Post
Sure it would but not really because of refining. It adds to the global supply of crude. I haven't looked at the numbers in years, but the key for crude is spare supply and capacity. Back in the mid-2000s (I think it was), the GLOBAL spare capacity was something like 1 million barrels. So, if something happened (hurricane, war, etc.) that removed that extra supply, the market would understandably flip out.

I'll have to look it up now...
Thanks!
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