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America Is Becoming the New King of the Oil Market
Hellenic Shipping News ^ | 9/17/2019 | Oil Company News

Posted on 09/17/2019 7:20:36 AM PDT by mac_truck

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To: mac_truck
America is Becoming the New King of the Oil Market

The Dems are working feverishly to fix that.

21 posted on 09/17/2019 8:21:32 AM PDT by windsorknot
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To: bgill
We get 5% of our oil from Saudi Arabia. Why should the price at the pump go up due to the bombing there?

Today, here in N.E. ILL, price of regular is now $3.05/gal. They do it just because they can....

22 posted on 09/17/2019 8:28:50 AM PDT by Mopp4
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To: mac_truck

Years ago when I started to actually pay attention , I was in complete agreement with our geological reports to our government from the 50’s which had detected the Balkan reserve (oil under our land) and they recommended that we develop the more easily accessible crude under the muzzies sandbox. NOW after using common sense and being prudent we find ourselves in a very good position from a petroleum view point . I attribute this to the good sense of our politicians of that time to use actual long term reasoning to save our oil and use the cheaper(because of access) middle eastern crude . Some may say that the monies these countries earned has come around to bite us in the ass...but all the friction from the muzzie morons has been a never ending fight from the conception of their satanic cult...SO we will now reap the fruits that God bestowed upon our Republic as long as we as a people do not succumb to the Godless masses that seem to enjoy the sound of “gnashing teeth.”


23 posted on 09/17/2019 8:45:45 AM PDT by mythenjoseph
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To: mac_truck

[[America Is Becoming the New King of the Oil Market]]

And yet with the saudi issue gas is expected to rise .10-.25 cents quickly


24 posted on 09/17/2019 8:59:32 AM PDT by Bob434
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To: mac_truck

Maybe the USA bombed the Saudi’s? : )


25 posted on 09/17/2019 9:00:09 AM PDT by minnesota_bound
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To: Mopp4

Price in Central TX has gone up 14 cents overnight to $2.39. In Austin, the lowest is $1.99.


26 posted on 09/17/2019 9:00:59 AM PDT by bgill
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To: Bob434

Gas prices here in Western Washington State area have actually gone down lately, and stayed down. I’m seeing 3.09 in many places. Summertime it was about 3.39.


27 posted on 09/17/2019 9:01:52 AM PDT by Professional
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To: Professional

around here too- but you watch in next couple of days- it’s likely gonna rise 10-25 cents-


28 posted on 09/17/2019 9:08:02 AM PDT by Bob434
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To: zeestephen

EIA data is on Petroleum Products.

Not crude oil.


29 posted on 09/17/2019 9:14:33 AM PDT by Mariner (War Criminal #18)
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To: RayChuang88; mac_truck

Ray, don’t forget that the USA has huge reserves far beyond just Bakken. Fracking is well underway in Pennsylvania, where huge oil and gas reserves lie. In fact, my wife’s lefty Aunt, who always professed that she hates Republicans, corporations, and Big Oil, still took the money allowing oil and gas leases under the 640 acres she owns in the Alleghenies. Believe me, it was not chump change.

I live in California, and let’s not forget that the Monterey Formation holds about 20 bbl of oil and trillions of cubic feet of natural gas. All it needs is a common sense governor and legislature to open it up.


30 posted on 09/17/2019 11:04:52 AM PDT by tom h
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To: tom h
And that's only the beginning. They're using fracking and steam injection techniques to extract the oil out of the huge shale formations in Colorado, too. And much of the oil in Iran and offshore have barely been touched. In short, technology has way outrun all the peak oil naysayers.
31 posted on 09/17/2019 12:48:51 PM PDT by RayChuang88 (FairTax: America's Economic Cure)
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