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| Economy |
| US about to become titan of the oil market with 20% of world exports |
| 2014-06-19 |
| Posted by:frozen al |
| #6 Fuel, not oil. We are a refining giant, not a production giant (yet). |
| Posted by: Shipman 2014-06-19 16:29 |
| #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 |
| #4 More to #2 than #3 - it’s pretty amazing to remember that just a few years ago, nobody was expecting this miraculous turnaround — and that it’s happened largely outside of the Obama administration’s 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 |
| #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 |
| #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 |
| #1 Yeah, and my diesel is still more than regular. |
| Posted by: Skidmark 2014-06-19 03:46 |