cujo8,
I'm with you mostly except you kinda contradict yourself. At first you say rust needs moisture AND oxygen to occur on steel and then later you say "If you could effectively seal the metal from moisture and oxygen you could stop the rust".
Red58 says removing moisture is not enough, that rust only needs oxygen to occur.
So which is it? Rust needs both to occur or just one of the two?
I'm still thinking if you take one of the sides of the triangle away, corrosion doesn't occur. Fact or fiction?