2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: energyplay who wrote (66383)	9/23/2010 8:28:55 PM
From: KyrosL	Read Replies (1) of 217592

I think it's less than 75% right now. Latest US oil imports are less than 10 million barrels a day, while consumption hovers between 19 and 20 million barrels/day. So, right now, closer to 50%. What happens if we impose a $4/gallon gasoline tax, like in Europe? What happens when we go all out on offshore and Alaska exploration and production? What happens if we go all out converting trucks and buses to natural gas? In an all out trade war the politics should be easy. I think we can reduce imports to 25% of consumption within a couple of years if we take all the measures above. We can certainly export enough essential stuff like food and airplanes to cover that.

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