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Posted by: Dionys 1 year, 4 months ago

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Dionys1 year, 4 months ago

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Because that's not how the oil market works. It's like a bathtub. All the world oil gets dumped in and they buyers buy from the big tub not knowing (or caring) where the oil comes from.

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  simonsez1 year, 4 months ago
  
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  Right you are and OPEC sets the price, so the only thing that lowers price is over supply.
  
  Is it unclear to you that if we buy it from ourselves, the money stays in our economy? Can't you understand that?
  
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  simonsez1 year, 4 months ago
  
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  I mis-read you comment ... that is not how it works.
  
  It is priced like a bathtub, depending on quality, but it is shipped from the various suppliers and they receive payment for those shipments directly from the purchaser.
  
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