Quote:
Originally Posted by Grapesoda
yep keep talking about trump pussy habit and oil will go sky high... because that is what's happening...
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The USA extract shale oil and it has a bigger cost price and wanna more big oil prices.
U.S. Will Be the World’s Largest Oil Producer by 2023, Says IEA
Influence on global oil markets is also expected to rise, with U.S. oil exports more than doubling
The U.S. is likely to overtake Russia to become the world’s largest oil producer by 2023, accounting for most of the global growth in petroleum supplies, a top industry monitor said Monday.
U.S. crude production is expected to reach a record of 12.1 million barrels a day in 2023, up from 10.6 million a day this year, said the International Energy Agency, which advises governments and corporations on industry trends. American oil output will surge past Russia, currently the world’s largest crude producer at roughly 11 million barrels a day.
https://www.wsj.com/articles/u-s-wil...iea-1520236810