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Thats what you get when your dear Marxist leader backs the Eco freaks agenda...This is only the beginning "You Ain't Seen Nothing Yet!!!....Hello $10 a gallon coming soon to station near you....Don't touch that dial..Stay tuned for the continuing saga of Our Dear Marxist Leader and The Left Destroying America!!!
Thats what you get when your dear Marxist leader backs the Eco freaks agenda...This is only the beginning "You Ain't Seen Nothing Yet!!!....Hello $10 a gallon coming soon to station near you....Don't touch that dial..Stay tuned for the continuing saga of Our Dear Marxist Leader and The Left Destroying America!!!
This is flat out wrong, US domestic oil production peaked in 1970/71.
Without actually looking at the data, I'm inclined to agree. You'd have to look at US oil production, then and establish what it ought to be now, versus what it is now. In other words, the US might numerically be producing more, but proportionately it isn't.
Peaking...
Mircea
Quote:
Originally Posted by Wapasha
It's time to approve and streamline the construction of new oil refineries.
Read oil and gas industry publications......they will not build new refineries no matter what changes in the laws you make, because the Demand for Gasoline in the US is flat over the long-term.
The Laws of Economics clearly state that you do not increase Supply when Demand is flat.
Economically...
Without actually looking at the data, I'm inclined to agree. You'd have to look at US oil production, then and establish what it ought to be now, versus what it is now. In other words, the US might numerically be producing more, but proportionately it isn't.
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