@themotleyfool: It’s great that the U.S. is producing more oil, but don’t assume that means we’re the next Saudi Arabia. http://t.co/2fL8243d6T Shared via TweetCaster
As a followup to that re-tweet… I had another article that came in and all those people that are looking for Oil to taper back off to the $60 might be in for a shock. They need to look at the bigger picture. Yes the US Is now producing more oil than they have for maybe 50 years…. We are shipping out mass quantities of oil based products overseas , because… our oil is cheap enough that the companies can make profits doing that.,
but the fact remains…
we use nearly or over 20 million barrels per day
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