Posted on 05/01/2018 12:51:15 PM PDT by Kaslin
Just ONE of the reasons the Left hates President Trump.
He makes them out to be liars and fools...................
Drill Baby, Drill!
This is great news, but it must tempered with a dose of economic reality...
We still need to import more than 40% of the oil we use each day.
Moreover, what good does it do to export oil if it keeps the supply down and the prices up in the US?
“Drill, Baby, Drill!”
Palin was Right.
Logistics... whoever has the oil source nearest, wins the bidding.
I can hear him laughing the whole time he is writing this.
The guy is funny as hell to listen to...
Or with shale, cook baby cook.
Whiskey River, don’t run dry...
Yes she was.
Yes, the most important thing to happen to the US during the Obama Administration happened in spite of Obama’s best efforts. What a great President.
Good Bye OPEC and Don’t LET DOOR Bang You in the BEHIND!!!
Which is a fact. They are liars and fools.
Maybe the U.S. should now be chairman of OPEC.
Re: “What good does it do to export oil if it keeps the supply down and the prices up in the US?”
Sorry, I disagree.
When the USA exports oil, it just means that the specific oil in a specific geographic location can be exported at a higher price (most likely to Europe) than it can be sold in the USA.
The oil we import - mostly from Mexico and western Canada - is cheaper than the oil we export, primarily because of transportation costs and proximity to local USA markets.
There are a lot more promising areas to drill and frack too. If our production keeps rising at 12-15% per year, we are going to be able to meet all of our own needs in just a few years.
So why is gas she high?
So with this surge of shale products, why are our gas prices surging?
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