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According to this report, Russian, in fact global, fears of American energy dominance were realized this past week when the United States Energy Information Agency (EIA) announced that the US has catapulted past Saudi Arabia as the world’s biggest fuel producer, meaning that they are expected to become almost self-sufficient in oil and gas by 2035, will overtake Russia in gas production by 2015, and Saudi Arabia in oil production by 2017.
So profound has the Obama regimes push for global energy dominance become, this report notes, is that only three nations in history have increased their
Originally posted by Teye22
...and the price at the pumps keep rising! Geeeez....What's wrong with this picture?
Thanks for posting.edit on 14-3-2013 by Teye22 because: (no reason given)
I think he was mainly against coal.
What happened to green old Obama . . .
It should be made illegal except for the actual users of oil, not traders who never use, buy, or sell, actual physical oil but only deal in paper as a form of gambling.
. . . oil speculators, they are the ones that keep oil prices fluctuating . . .
World Trembles As US Becomes Greatest Energy Nation In History
By: Sorcha Faal, and as reported to her Western Subscribers
Originally posted by larapa
reply to post by DaveWx3
Thought id do a bit of research on this Sashas' sources found on the EIA it is more like 700,000 barrels/day but the data stops in 2012 so god knows what it is now, there is deffinetly a big increase in the last decade:
1970 levels were just about 1000,000 barrels a day . The data is quite clearly presented in a disinformation format as ( you have to multiply by 1000) at first glance it looks like 7000 barrels per day...
As for usage it seems to be roughly 18 million per week so thats roughly 2.5 per day or a deficit of 1.6 million barrels/day (going by 900,000 produced/day)
Is the source reliable?
What are they doing over there in the US drinking the stuff, in the uk its roughly $8 per gallon which is roughly double the US , my car does 50 miles to the gallon ( on the motorway ), my brother was telling me that when he was in san fransisco his friend bought a new car and was boasting that it did 12 miles to the gallon....edit on 14-3-2013 by larapa because: (no reason given)