In order to increase our production we will have to increase the size of our processing facilities (refineries, LNG facilities, product loading facilities and Gas separation facilities, etc.)
In order to increase our production we will have to increase the size of our processing facilities (refineries, LNG facilities, product loading facilities and Gas separation facilities, etc.)
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Probably the whole reason we’ve been able to get by without all of this expense is our importation of oil. So you’re right, asking for good results in four years is bit of a stretch.
The big problem with oil importation is, of course, capriciousness of our suppliers. Their self-interest sometimes clashes with our own, thereby causing shortages.
Building all of the things you mention would be long-term investments for energy independence. Short-term expense for long-term savings and stability.
After some significant degree of such energy independence, we would see incredible results, results that would be unthinkable today. It may even help to collapse the Muslim terror organizations in the Middle East.