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To: Navy Patriot

It’s virtually inevitable. We have a tremendous over supply of natural gas and the liquids produced at the same time; butane, propane, ethane, and pentane. It’s only a matter of time before we flood the market.

The other factor being ignored is we used to import 25% of the world’s oil. No more! The oil produced along with the natural gas is moving us towards energy independence. That 25% left in the market has to be a drag on pricing. You only have to look at Venezuela to get a preview of what’s going to happen to other countries that rely on oil and/or gas to play a major role in financing government operations.

We’re on a roll. If Obama gets out of the way, it will happen faster. Even with his obstructions it will happen, just slower.

In the future Putin will be Kaputin.


30 posted on 03/23/2014 7:56:42 PM PDT by meatloaf (Impeach Obama. That's my New Year's resolution.)
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To: meatloaf
It’s virtually inevitable.

You underestimate the power of Socialism.

31 posted on 03/24/2014 6:11:51 AM PDT by Navy Patriot (Join the Democrats, it's not Fascism when WE do it, and the Constitution and law mean what WE say.)
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