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Old October 31st 04, 02:38 PM
KØHB
 
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"N2EY" wrote


Back in the 1970s, the USA imported about a third of the oil used
here. Now we
import about two-thirds. Wrong direction.


And what is "wrong" about that? It's a global economy. You import what
you have a shortage of, and export what you have a surplus of. Many
countries import 100% of the oil they need!

Damn right we import more oil! In the 1970's I drove a 4-cylinder
compact car that sipped gasoline; today I drive several cars, one of
which is a 32-valve turbo-charged V8 and pay less for fuel on an
adjusted-for-inflation basis than I did 30 years ago in 1974.

Sunuvagun! Ain't economics grand!

73, de Hans, K0HB