‘“Consumers are benefiting from domestic oil production,” Sieminski told the Senate Energy and Natural Resources Committee on Tuesday during a hearing on domestic oil production’s impacts on the price of gas.’
Yeah, how?
Thanks, I knew Freepers wouldn't let me down.
Do you think prices would be higher, lower or stay the same if the US was producing 2 million barrels per day less than today?
That was the production rate 4 years ago. In the same time frame, Global petroleum consumption has risen 4.5 million barrels per day.