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In reply to the discussion: Krasnov Fucked Up [View all]marble falls
(67,259 posts)... Right in the middle of "we running out of petroleum" and juuuuust before fracking, I met a woman from an old line oil family and the name just escapes me, she ran against Reagan for the GOP nomination for President and made it to the convention and took two or thress Texas delegation votes in the first round. She has this huge map of Texas on her wall that located all known oil deposits, tapped and tapped. The one thing that caught my eye was that this showed that while the easy was mostly gone there were huge deposits untouched.
And I think this allowed to oil companies to get us used to gas prices getting bumped outside of traditional market pressures, supply vs demand. And to get us to accept the dangers of fracking as a necessity.
The egg producers just did the same thing. The whole time that there was a shortage of eggs, you could by as many as you wanted, when if there was a true long term shortage, there would have been rationing.
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