ST Alpha - "But to sell more product, you have to make more porduct, and the story clearly says production was 8% less than the same time last year -- nm" (Reading a Post)

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In response to "..you do realize that demand is also at record highs, with India and China becoming heavy users of oil/gasoline?" by colin

But to sell more product, you have to make more porduct, and the story clearly says production was 8% less than the same time last year -- nm

Posted by The Grim Grinning Ghosts (aka seandunham) Oct 30 '08, 07:17

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down 8% *in the third quarter*. That doesn't account for inventory or anything else, fyi -- nm - kilboooo Oct 30, 07:21
okay, so if demand goes up and product remains constant, price goes up. - colin Oct 30, 07:18 1
- But that's not what you said above...and yes, by slowing down production, they drove the price up...that is gaming the system - The Grim Grinning Ghosts Oct 30, 07:23

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