View Single Post
Old 07-18-2008, 06:12 PM   #226 (permalink)
OH-JJ
Guppy

Forum Stats
 
Join Date: 06/26/2008
Posts: 78

Profile Info
 
Location:
Central Ohio
Age: 34
Dives Logged: 101-500
Quote:
Originally Posted by SlvrDragon50 View Post
Do you seriously think oil companies are willing to hoard the oil to the us? If another country will pay more, then oil company will sell it to them. They have no incentive to keep the oil in the US.

I stole that from some random guy so I won't me able to back it well :P

Assuming that it costs more in transportation costs, yes. Remember Oil tankers run on Crude oil. the farther they go, the more they literally burn up the profits.
OH-JJ is offline   Reply With Quote