Posted on 01/19/2018 12:17:01 PM PST by nickcarraway
The United States could soon be pumping more oil than any country on earth.
The International Energy Agency said Friday that "explosive" increases in U.S. oil output would push the country ahead of Saudi Arabia this year and put it in a position to challenge top producer Russia.
"This year promises to be a record-setting one for the U.S.," the IEA said. "Relentless growth should see the U.S. hit historic highs."
That could be enough, it said, for U.S. production to "rival" that of Russia, which has partnered with Saudi Arabia on efforts to keep oil prices high by throttling output until the end of 2018.
The agency, which monitors energy market trends for the world's richest countries, raised its outlook for U.S. production in 2018 to a record 10.4 million barrels.
(Excerpt) Read more at money.cnn.com ...
Wow. It’s a bit disconcerting when a thing happens for which you have been waiting 40 some-odd years...!
I don’t think he’s ever uttered a word of truth in his life. He should be in Nigeria running his scams.
They are now second fiddle...and they better get used to it.
Hey, Nick...are you still a Trump hater?
This same tan windbag who promised that Obamacare would save every family $2500 annually also assured us that fossil fuels could not fuel the USA. Was he ever right about anything?
Time and time again history proves that liberals are always WRONG.
“U.S. Could Become World’s Biggest Oil Producer in 2018”
And so the Rats want to shut us down.
I am betting Obama could whistle Dixie by expelling internal gases.
They don't call him Bathhouse Barry for nuttin.
Sweet, as in sweet crude!
Keep enough here such that our per gallon never exceeds $2 ever again.
It is renewable, toon stuff dies, rots, forms oil and natural gas. Don’t let the libs win that argument.
It’s out of their control. Low oil prices should bring Russian military modernization to a halt, throttle Iranian terrorist support and be a windfall to Japan possibly leading to expansion of their navy. There’s lots of upside.
Which means no one can hold the world hostage to oil.
...and this is racist because?
On CNN in 3... 2... 1...
One thing’s for sure. He didn’t build that.
Winning!
Do you remember all the never Trumpers out here during the primaries.
Wow!
We got called everything... LOL
Trumpee
Trumpys
Trumpholes
Trumpaloompa
Trumpsters
Trumpanzees
Trumpenistas
Trumpers
Trumptards
Trump Cult
Trump Diehards
The Trumpkin Proletariat
Trumpites
Trumpkins
Trumpettes
Trumpists (thanks Rush Limbaugh)
Turmpeteers
Trumpbots
Trumpnutters
Strumpets
Branch Trumpidians
Trumpophiles
Trumplicans
I'll tell you what, Barack. Go check out how that Venezuelan oil industry is doing.
Venezuela was what Obama and Hillary wanted for you and me and our kids and grandkids.
MAGA, baby. MAGA!
Sarah Palin “Drill baby drill!”
Barak Obama “”We can’t drill our way to lower gas prices”
History “Obama was wrong”
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