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Economy
U.S. heading for top oil producer status
2013-03-14
North Dakota is a major player in making the United States the top oil producer in the world.
Don't forget Texas, and Oklahoma, and Wyoming.
"It's a unique situation going on in North Dakota right now actually to broaden it out to North America," said Bob Steede, general manager of Enbridge Pipelines ND.
Which could bring about prosperity and freedom from foreign government dependence.
Despite all the interference from Champ...
"When I was in school we were told that we were going to run out of oil," Steede said. He said reports then were that oil would keep declining over time.
No worries, that's what schools have always taught.
Posted by:Grutle Angique8821

#5  And the top of the price range, it SHOULD be around 1.00 per gallon. (If WE produce that much)


While we're at it, movie tickets need to be $ 2.00, and a decent small house should cost $ 50,000.00. You should be able to find a really nice new-ish car for 5,000.00.

At least that's what I think I remember all the prices being back in the days of 1.00 a gallon gas in the 70's.
Posted by: Thing From Snowy Mountain   2013-03-14 21:56  

#4  And the top of the price range, it SHOULD be around 1.00 per gallon. (If WE produce that much)

James.... hummm. No. Most of the new oil costs more than a 1.00 a gallon to lift in the crude state, much less refine for your PU. When you consider what a gallon of gasoline or diesel does, it's outlandishly cheap.
Posted by: Shipman   2013-03-14 16:35  

#3  RJ, don't forget that as long as Fed keeps creating magic (infinite) money, the price is unlikely to drop. Oil and gas will still be scarcer than dollars.
Posted by: Procopius2k   2013-03-14 14:58  

#2  Don't worry. Obama will soon put a stop to this.
Posted by: Alanc   2013-03-14 12:33  

#1  And the top of the price range, it SHOULD be around 1.00 per gallon. (If WE produce that much)

Posted by: Redneck Jim   2013-03-14 12:11  

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