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[quote=Anonymous][quote]Virtually all US oil comes from the US (domestically produced), Canada, Brazil and Colombia. We only get around a single-digit percentage of our oil via the Strait of Hormuz. The fact that prices have gone up dramatically more than that single digit Gulf percentage can account for shows how broken and corrupt and susceptible to gouging the oil industry is.[/quote] It shows that this is a worldwide commodity. If demand is high worldwide and supply is low, prices go up. Sales are global.[/quote]
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