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Politics : Liberalism: Do You Agree We've Had Enough of It?

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locogringo
TideGlider
To: Kenneth E. Phillipps who wrote (30775)10/31/2014 5:51:10 PM
From: tonto2 Recommendations  Read Replies (1) of 224750
 
You really had no clue, yet thought you had a strong position by glancing at headlines. This is a pattern you should try to stop...if you can. You are basing decisions on bogus information...

U.S. STREAKS PAST SAUDI ARABIA AS WORLD'S LARGEST OIL PRODUCER



by CHRISS W. STREET 2 Oct 2014 263 POST A COMMENT

The United States became the world’s largest natural gas producer in 2010 and is streaking past Saudi Arabia to become the world’s largest producer of petroleum liquids, according to the International Energy Agency. Despite scare tactics by the Left that a “peak oil” event took place in the 1990s and global production was in terminal decline, the U.S. in the last three years has experienced the fastest growth in oil and gas production in the history of the planet. The United States surpassed all other countries this year with daily crude oil and other petroleum liquids reaching 11 million barrels per day (mbd). Since the beginning of 2011, U.S. liquid fuels grew by more than 4 mbd, including 3 mbd of crude oil. The growth of U.S. production has been the “main factor counterbalancing the supply disruptions on the global oil market” and “has contributed to a decrease in crude oil price volatility since 2011”, according to the U.S. Energy Information Agency (EIA).
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