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The Water Cooler
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$100 oil
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<blockquote data-quote="Chuckie" data-source="post: 4124525" data-attributes="member: 42584"><p>The SOR has been filled with foreign oil since probably the '60's because that's when it started to become cheaper to import oil from OPEC than to produce our own, even with the cost of overseas shipping added in. Comparatively speaking, we explore and have found a lot but actually produce little (thanks environmentalists).</p><p>I don't know if the SOR has ever actually been topped-off, but it certainly won't be at today's prices.</p></blockquote><p></p>
[QUOTE="Chuckie, post: 4124525, member: 42584"] The SOR has been filled with foreign oil since probably the '60's because that's when it started to become cheaper to import oil from OPEC than to produce our own, even with the cost of overseas shipping added in. Comparatively speaking, we explore and have found a lot but actually produce little (thanks environmentalists). I don't know if the SOR has ever actually been topped-off, but it certainly won't be at today's prices. [/QUOTE]
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