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URL:  https://boards.fool.com/tim-that-8-of-us-production-only-translates-to-24449798.aspx

Subject:  Re: BP shuts down major Alaskan oil field Date:  8/10/2006  12:30 AM
Author:  bohlmanch Number:  8449 of 14484

Tim, that 8% of U.S. production only translates to about .5% of world production. World production tends to dictate oil prices. U.S. production tends to dictate trade deficit.

If you owned a sugar plantation and your kids bought candy at the grocery store, how much of a difference would it be in pricing of candy for your kids if your plantation burned?

That's the parallel.
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