Article

2014-06-19 Economy

US about to become titan of the oil market with 20% of world exports

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Posted by frozen al 2014-06-19 00:00|| || Front Page|| [2 views ] Top

#1 Yeah, and my diesel is still more than regular.

Posted by Skidmark 2014-06-19 03:46|| 2014-06-19 03:46|| Front Page Top

#2 This only demonstrates how fantastically resilient the American economy actually is. Even under the oppression levied upon investment, business, and commerce by the current regime in Washington, capitalism endures and thrives. Just imagine what might be possible if we were able to someday shake off this yoke of communism.

Posted by Besoeker 2014-06-19 05:32|| 2014-06-19 05:32|| Front Page Top

#3 It all seems to fit: we're about to export 20% of the worlds oil, and we're turning into Venezuela at the same time (money crashing, repressive government, food prices rising, etc).
Which makes you wonder about cause and effect.

Posted by ed in texas 2014-06-19 07:30|| 2014-06-19 07:30|| Front Page Top

#4 More to #2 than #3 - its pretty amazing to remember that just a few years ago, nobody was expecting this miraculous turnaround and that its happened largely outside of the Obama administrations purview.

Although I gagged when Champ tired to take credit for the increased output in the 2012 debates.

Posted by Bobby 2014-06-19 13:37|| 2014-06-19 13:37|| Front Page Top

#5 Good job - exporting the petro the locals cannot afford to consume they way they once did. "Titanic", for sure.

Posted by Anguper Hupomosing9418 2014-06-19 14:38|| 2014-06-19 14:38|| Front Page Top

#6 Fuel, not oil. We are a refining giant, not a production giant (yet).

Posted by Shipman 2014-06-19 16:29|| 2014-06-19 16:29|| Front Page Top

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