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1 posted on
11/10/2015 5:53:37 AM PST by
thackney
To: thackney
I've read that twice, and I still don't understand the mechanism a low oil price would switch a nation to ME crude
Here in the US ... we have developed NG at a stupendous rate ... and it continues
Are we not also producing a great(er) amount of oil ?
As I see it (and I have a card in my wallet proving I'm a dummy at these things) .. we have everything needed to be energy self sufficient ... the only hindrance is government
2 posted on
11/10/2015 6:01:43 AM PST by
knarf
(I say things that are true .... I have no proof ... but they're true.)
To: thackney
Of course it could. It is intentional.
3 posted on
11/10/2015 6:01:51 AM PST by
inpajamas
(Texas Akbar!!!!!!!)
To: thackney
There's always someone who will worry that prices are too low. Oh, woe is us.
The bad news for OPEC is that they're stuck now with low prices. When prices rise, the American wells will resume production.
In the meantime, Americans have better things to do with our capital.
9 posted on
11/10/2015 6:53:44 AM PST by
BfloGuy
( Even the opponents of Socialism are dominated by socialist ideas.)
To: thackney
But the Keystone Pipeline isn’t of strategic importance... after all, gasoline prices are low now. /s That’s our brilliant President O’s logic.
10 posted on
11/10/2015 6:54:06 AM PST by
ReleaseTheHounds
("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
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12 posted on
11/10/2015 7:16:17 AM PST by
DJ MacWoW
(The Fed Gov is not one ring to rule them all)
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