09-05-2006, 01:07 PM | #151 |
This guy has posted so much, his fingers are about to fall off.
Join Date: Nov 2000
Location: In Absentia
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Down to $2.28 here. And some more good news, too!
Chevron says Gulf drilling a success Well could become the nation's biggest new domestic source of oil, according to newspaper report. September 5 2006: 10:37 AM EDT NEW YORK (Reuters) -- Chevron Corp. said Tuesday it had successfully drilled for oil in the Gulf of Mexico's deep waters, in what could be one of the most significant finds for the domestic oil industry in a generation. The successful well, known as Jack 2, reached a record total depth of 28,175 feet, coming in 7,000 feet of water, and more than 20,000 feet under the sea floor. Analysts said the find suggested the success of that drilling may mean more oil than previously believed is available under the Gulf of Mexico, a region that already provides a quarter of U.S. output. One published report suggested the breakthrough could increase U.S. oil reserves by as much as 50 percent. During the test at record depths and pressure, the Jack No. 2 well flowed at more than 6,000 barrels of crude per day, Chevron (Charts) said. That puts it on a par with discoveries in exploration hotspots such as the waters off Angola. Chevron, the No. 2 U.S. oil company after Exxon Mobil (Charts), did not give an estimate of the field's reserves. The Wall Street Journal cited Chevron officials as estimating recent discoveries in the Gulf of Mexico could hold as much as 15 billion barrels of oil and gas reserves. That would boost U.S. current reserves by 50 percent. The region could become the nation's biggest new domestic source of oil since the discovery of Alaska's North Slope more than a generation ago, the Journal said. "This region is proving quite prospective. Certainly the test well results are on the top end of most analysts' ranges," said Jason Kenney, an analyst at ING in London. Mike Wittner of investment bank Calyon cautioned that until the size of the field was known it was difficult to draw conclusions. "It seems to be a significant find and there is still life left in the deepwater Gulf of Mexico, particularly as you move into ultra-deep water," he added. Chevron is the operator of the Jack prospect with a 50 percent working interest. Devon Energy (Charts) and Statoil (Charts) each own a 25 percent working interest. "The results of the Jack test allow Chevron and its co-owners to better understand the deliverability of the emerging lower tertiary trend, a trend where Chevron is the largest leaseholder," said Gary Luquette, Chevron's president, North America Exploration and Production. Chevron was not immediately available for further comment. Chevron first announced the discovery of the Jack prospect in September 2004. It is 270 miles southwest of New Orleans and 175 miles offshore. The test on Jack 2 broke Chevron's 2004 Tahiti well test record as the deepest successful well test in the Gulf of Mexico. More than half a dozen world records for test equipment pressure, depth, and duration in deepwater were set during the Jack well test, Chevron said. Chevron and its co-owners plan to drill an additional appraisal well in 2007. Chevron said it is the largest lease holder in the deepwater Gulf of Mexico, and is currently developing the $3.5 billion Tahiti project, scheduled to commence production in 2008.
__________________
M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete." |
09-05-2006, 01:12 PM | #152 |
College Prospect
Join Date: Feb 2006
Location: NY
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I don't understand these differences with gas prices. How can it be $2.28 as it is in Ksyrups case, while where I live it's about $3.30. I can understand a few cents here and there, but a dollar per gallon difference seems a tad bit much.
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09-05-2006, 01:14 PM | #153 |
General Manager
Join Date: Oct 2002
Location: The Mountains
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09-05-2006, 01:15 PM | #154 | |
College Starter
Join Date: Oct 2000
Location: Norman, OK
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Quote:
Well, I don't know where you live in New York, but it's probably a regional supply and demand. If you're in the city, there might also be greater transportation costs involved with getting fuel to the pump or a greater local demand with millions of people and not proportionally more gas stations in the city. When I lived in the Bay Area there was a significant difference between the east bay prices and those in San Francisco proper. |
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09-05-2006, 01:17 PM | #155 |
Coordinator
Join Date: Jul 2004
Location: Pacific
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its $2.39 here and we have about 28 cents worth of state taxes
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09-05-2006, 01:18 PM | #156 |
College Prospect
Join Date: Jan 2005
Location: Inland Empire, PRC
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9/4/06:
~180mi on I-74 Champaign/Urbana, IL: $2.589 ~135mi on I-74 Bloomington/Normal, IL: $2.489 ~90 mi on I-74 Peoria, IL: $2.739 |
09-05-2006, 01:42 PM | #157 |
Hall Of Famer
Join Date: Dec 2003
Location: the yo'
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2.699 And only slightly dropping over the past week and a half. I would think it will go to about 2.599 this week or lowr.
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09-05-2006, 02:14 PM | #158 |
Captain Obvious
Join Date: Aug 2001
Location: Norman, Oklahoma
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2.36 down here in norman
__________________
Thread Killer extraordinaire Yay! its football season once again! |
09-15-2006, 08:09 AM | #159 |
This guy has posted so much, his fingers are about to fall off.
Join Date: Nov 2000
Location: In Absentia
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10 days later, we're at $2.11.
__________________
M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete." |
09-15-2006, 08:25 AM | #160 |
Hall Of Famer
Join Date: Dec 2003
Location: the yo'
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It was 2.49 where i work, dunno what the weekend price will be yet.
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09-15-2006, 08:31 AM | #161 |
General Manager
Join Date: Nov 2002
Location: The Town of Flower Mound
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Down to $2.24...
__________________
UTEP Miners!!! I solemnly swear to never cheer for TO |
09-15-2006, 08:38 AM | #162 |
Hall Of Famer
Join Date: Nov 2000
Location: Behind Enemy Lines in Athens, GA
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$2.21 regular to $2.41 super as of last night in Athens.
__________________
"I lit another cigarette. Unless I specifically inform you to the contrary, I am always lighting another cigarette." - from a novel by Martin Amis |
09-15-2006, 08:40 AM | #163 |
Pro Rookie
Join Date: Oct 2002
Location: Honolulu, HI
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$3.16
__________________
"Teams don't want to make the trip anymore," says Hawaii coach June Jones. "They come here, we kick their ass, they go home." Fire Ron Lee. |
09-15-2006, 08:57 AM | #164 |
Coordinator
Join Date: Mar 2002
Location: Dayton, OH
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$2.08 up the road here.
__________________
My listening habits |
09-15-2006, 10:14 AM | #165 |
Head Coach
Join Date: Oct 2000
Location: NYC
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09-15-2006, 10:18 AM | #166 |
General Manager
Join Date: Oct 2002
Location: The Mountains
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Still about $2.92 in Boise (It's dropped about 6 cents in 3 months). Which just pisses me off. It's friggen Idaho, gas should be cheap here.
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09-15-2006, 10:24 AM | #167 |
Bounty Hunter
Join Date: Oct 2000
Location: Pittsburgh, PA
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$2.559 in downtown Greensburg last night, although I didn't notice what it was on my way to work this morning.
__________________
No, I am not Batman, and I will not repair your food processor. |
09-15-2006, 10:27 AM | #168 | ||
lolzcat
Join Date: May 2001
Location: williamsburg, va
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Quote:
Yeah, but your house only costs $10k for a mansion.
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09-15-2006, 10:33 AM | #169 |
General Manager
Join Date: Oct 2002
Location: The Mountains
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09-15-2006, 10:34 AM | #170 | ||
Pro Starter
Join Date: Oct 2000
Location: Muskogee, OK USA
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$2.119 in Edmond, OK.
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Quote:
Quote:
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09-15-2006, 10:36 AM | #171 | ||
lolzcat
Join Date: May 2001
Location: williamsburg, va
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Quote:
When I had a different position at my company where I managed operations for a Help Desk we had a desk in San Diego and in Norfolk, VA. We expanded and opened a center in Boise, ID. Some folks moved their from San Diego to start the center up. They sold their houses and kept their salaries. They live like FRICKIN KINGS up there.
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09-15-2006, 10:41 AM | #172 | |
Coordinator
Join Date: Nov 2003
Location: The Great Northwest
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Quote:
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09-15-2006, 10:48 AM | #173 |
College Prospect
Join Date: Nov 2003
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Dropped from $2.17 yesterday morning to $2.08 in the evening. I filled up in the morning
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09-15-2006, 10:55 AM | #174 |
FOBL Commish
Join Date: Oct 2000
Location: Team Radii
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~$2.65 in Arlington/Alexandria where I work. $2.29 in Woodbridge where I live.
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09-15-2006, 12:47 PM | #175 |
Grizzled Veteran
Join Date: Jul 2001
Location: Tulsa
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$2.16
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09-15-2006, 12:50 PM | #176 |
lolzcat
Join Date: Oct 2000
Location: Annapolis, Md
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We've been seeing the price drop, too -- most are around $245-$2.55 for regular unleaded.
I am seeing an unusual spread in prices, though -- lots os places seem to have increased the price differential between regular and premium gas. I'm used to seeing a split of maybe 10 or 15 cents -- last night I drove by a place with a 40 cent split -- $2.45, $2.85 and $2.94 for their three grades. Wonder if that's some sort of marketing strategy taking hold -- advertise the chep price for those who care, and milk the premium customers for even more than before? |
09-15-2006, 12:54 PM | #177 |
This guy has posted so much, his fingers are about to fall off.
Join Date: Nov 2000
Location: In Absentia
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I haven't seen that. Here, it's the typical 10 cent spread. Diesel is in the $2.85-2.95 range, though. Maybe you saw that?
Recently, I've noticed a number of stations no longer posting all 3 grade level prices on their boards, usually going with only regular and diesel, and maybe the mid-grade. I assume it is some psychological ploy given the high price of gas. With prices coming back down, maybe they haven't switched back to the old way.
__________________
M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete." |
09-15-2006, 12:59 PM | #178 | |
lolzcat
Join Date: Oct 2000
Location: Annapolis, Md
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Quote:
No, this is multiple stations (though not all of them) and I'm 100% certain that the three prices were for regular, better, and best unleaded. Diesel was listed elsewhere. But I have been seeing unusually large splits between the grades for a few months now. |
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09-15-2006, 01:05 PM | #179 |
This guy has posted so much, his fingers are about to fall off.
Join Date: Nov 2000
Location: In Absentia
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Interesting. I hope that doesn't catch on, as I use only high grade.
__________________
M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete." |
09-15-2006, 04:26 PM | #180 |
College Benchwarmer
Join Date: Apr 2004
Location: Los Angeles, California
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I saw $2.75 earlier today which means gas has come down about 30 cents the past month....
__________________
Myspace Profile |
09-15-2006, 05:55 PM | #181 |
Head Coach
Join Date: Oct 2000
Location: Colorado
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Still higher than average (just dropped to 2.57 today) because there had been a shortage of diesel fuel here in Colorado. The refineries had to ramp up production of diesel at the expense of unleaded thus causing a bit of a short-term shortage.
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09-15-2006, 05:56 PM | #182 |
Pro Starter
Join Date: Nov 2003
Location: Alabama
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2.29
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09-15-2006, 08:26 PM | #183 | |
College Benchwarmer
Join Date: Jul 2003
Location: usually sunny SoCal
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2.369
__________________
Quote:
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09-16-2006, 10:18 AM | #184 | |
Hall Of Famer
Join Date: Apr 2002
Location: Back in Houston!
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Quote:
I agree with this. As opposed to the usual 10c split between grades, I've started seeing a lot of 15c and 20c splits and it doesn't seem to be going away as prices "drop" a little now. SI
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09-16-2006, 10:46 AM | #185 | |
Hall Of Famer
Join Date: Nov 2000
Location: Behind Enemy Lines in Athens, GA
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Quote:
Interesting. I saw the splits growing for a while, usually 12-15 cents, but as the prices have come down here they've gone back to the traditional 10 cent margin.
__________________
"I lit another cigarette. Unless I specifically inform you to the contrary, I am always lighting another cigarette." - from a novel by Martin Amis |
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09-16-2006, 10:58 AM | #186 |
Coordinator
Join Date: Jan 2002
Location: Hog Country
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paid 2.18 last time i filled
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09-18-2006, 08:16 AM | #187 |
This guy has posted so much, his fingers are about to fall off.
Join Date: Nov 2000
Location: In Absentia
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$2.05 this morning. An article in Sunday's paper suggested that we could go back to 1999 prices ($1.15) by November. That prediction came from the same guy who predicted the $3.00+ prices a couple of years ago. We'll likely be under $2 by the end of this week. I really never thought I'd see $1.xx again in my lifetime.
__________________
M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete." |
09-18-2006, 08:17 AM | #188 |
Hall Of Famer
Join Date: Dec 2003
Location: the yo'
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2.45 where i work.
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09-18-2006, 08:33 AM | #189 | |
Hall Of Famer
Join Date: Apr 2002
Location: Back in Houston!
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Quote:
How can you say that? It's election time SI
__________________
Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out! Janos: "Only America could produce an imbecile of your caliber!" Freakazoid: "That's because we make lots of things better than other people!" |
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09-18-2006, 08:45 AM | #190 |
General Manager
Join Date: Nov 2002
Location: The Town of Flower Mound
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$2.18 yesterday
__________________
UTEP Miners!!! I solemnly swear to never cheer for TO |
09-18-2006, 09:51 AM | #191 |
College Benchwarmer
Join Date: Oct 2000
Location: Cincinnati, Ohio
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It's $1.98 down the road from me.
__________________
Bearcat729 on XBox Live and PSN |
09-18-2006, 09:58 AM | #192 |
General Manager
Join Date: Aug 2001
Location: Kansas City, MO
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$2.15 in KC.
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09-18-2006, 01:17 PM | #193 | |
lolzcat
Join Date: Oct 2000
Location: Annapolis, Md
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Quote:
Okay, since this observation seemed a bit out of step for some... I have started looking. I have seen a whole lot of places with 15-20 cent splits, but yesterday in NJ, I saw another really weird example of this: If the pic is't clear, there is a 44 cent spread between the regular and first higher level of gas price there. I know NJ is the bane of all that is sensible in filling stations anyway, but this is really weird to me regardless. This sort of split wasn't common, but it's not one-of-a-kind either. I have little clue what might cause such a thing for a certain station, even in these odd times. |
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09-18-2006, 01:21 PM | #194 |
Coordinator
Join Date: Mar 2002
Location: Dayton, OH
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My wife got $1.99 this morning, but also said a couple of other stations have gone from around $2.09 to $2.25 today. She said there were lines for the $1.99 station.
Gas lines always have amused me. I love that people think it's a good idea to blow 1-2 gallons in gas waiting in line for a half hour to save maybe a total of $4 on a 20 gallon fill up.
__________________
My listening habits |
09-18-2006, 03:11 PM | #195 |
Pro Rookie
Join Date: Oct 2002
Location: Honolulu, HI
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Dropped to $3.09 as of yesterday. Costco is selling unleaded for $2.69.
__________________
"Teams don't want to make the trip anymore," says Hawaii coach June Jones. "They come here, we kick their ass, they go home." Fire Ron Lee. |
09-20-2006, 11:22 AM | #196 |
This guy has posted so much, his fingers are about to fall off.
Join Date: Nov 2000
Location: In Absentia
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I'm trying to understand how this works...our prices have been falling on a consistent basis, to the point where we were at $2.02 yesterday morning. Yesterday afternoon, however, as I drove home from work, I see that prices at every station have gone up 20-22 cents, and now we're back in the low-to-mid $2.20s. WTF?
__________________
M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete." |
09-20-2006, 11:24 AM | #197 | |
Rider Of Rohan
Join Date: Jul 2001
Location: Port Angeles, WA or Helm's Deep
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Quote:
__________________
It's not the years...it's the mileage. |
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09-20-2006, 11:57 AM | #198 |
College Benchwarmer
Join Date: Oct 2000
Location: Highlands Ranch, CO, USA
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About a 20 cent bump up here yesterday as well from 2.15 to 2.35
__________________
Some knots are better left untied. |
09-20-2006, 12:20 PM | #199 |
Grizzled Veteran
Join Date: Oct 2000
Location: Syracuse, NY
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We dropped tp 2.63 for regular yesterday (don't know about today, I'm off).
I love being the one to change the prices when they go down |
09-20-2006, 06:19 PM | #200 |
General Manager
Join Date: Nov 2002
Location: The Town of Flower Mound
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Strange, while y'all went up overnight we dropped from $2.18 to $2.08.
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UTEP Miners!!! I solemnly swear to never cheer for TO Last edited by JeeberD : 09-20-2006 at 06:19 PM. |
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