[bitterohiogunclinger]

“US energy department said last week that the country will produce 11.4m barrels a day (b/d) of oil, biofuels, and liquid hydrocarbons next year, almost as much as Saudi Arabia”

Three points to consider.

The obvious one is this is being rolled out as a smoke screen to bolster Obama’s claim of being the “pro energy” cheerleader when the opposite is true.

“Biofuels?” Still pushing the ethanol and “diesel” green propaganda?

Last but not least, Obamas destabilizing in the middle east will ensure that the US consumers won't see any price reliefs because world markets will still gobble up supply and we still have the EPA and unfrocks making sure we don't have any increased refining capacity.

[thackney]

“US energy department said last week that the country will produce 11.4m barrels a day (b/d) of oil, biofuels, and liquid hydrocarbons next year, almost as much as Saudi Arabia”

The want to compare to Saudi Arabia, but neglect to point out that most of Saudi's output is crude oil. Our current crude oil output, with all the expansions into shale, is 6.27 mmbpd.

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M