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I don't think we are, I think people are fearing we are, so you have a) investors buying up oil supplies, lowering the supply, and b) American refineries(and probably other) lowering their output capacity, which also lowers supply, increases price, and they have a big reserve just in case. There's been some congressional hearings about whether some hanky panky is going on.
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I dont if I'll make home tonight
But I know I can swim
under the Tahitian moon
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