Quote:
Originally Posted by crockett
Did you know that Yesterday Obama signed into law the ability for US oil producers to export up to a million barrels of oil a day. That's something that hasn't been done since the 70s.
This is basically a fuck you to OPEC for trying to kill oil production in the US by driving the prices down. What this means is now OPEC and Russia will have competition from the US in Europe. Bush didn't even have the balls to do that..
Does Obama have your permission to claim responsibility for his signature on that?
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my permission, what do you mean? Also, USA oil corps have been recording record profits for years and years, there's been zero need to lift the ban. Not to mention keeping that oil. The only reason Bo dis that 2 days ago is due to SA/OPEC not cutting production recently, in the mean time the BO admin had been oblivious to the request to open oil exports for his entire admin.
But yeah, hi-5 to BO for paving the way for Harold Hamm to make his recent $10 billion loss back right?
