Imagine an energy boom w/o ethanol scams or commies.gov extortion !
paid the same amount in northern virginia.
without US oil revolution, oil would be at 150@ barrel and gas prices would be over 6 dollars a barrel and the US economy would be in the toilet and the dollar would be in terrible trouble as would the fed.
Man its a shame few people know how great the hand of providence has been on the USA today.
It gets better. But not this year or next year. But in a couple years the USA is going to get oil independence. The oil boom has just started.
In another decade or so something very different is going to happen. demand for oil is going to go down as electric cars and natural gas vehicles gain traction.
That’s when the price of oil will start to ratchet down.
In the mean time the big thing about these oil production numbers is that the USA is going to be saved from the pure foolishness of the people running the federal government.
Alas the fools will never know the bullet that was dodged.
And how about Beef Prices not going through the moon because we are making Ethanol out of Cow food.
I dang near choked today when just being a lookie-loo at the meat counter and saw Petite Filet Mignon @ $29.95 a POUND...