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Old 03-29-2017, 09:49 PM   #369
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Quote:
Originally Posted by Fuzz View Post
You could just save yourself some typing with the comment "I have no idea what I am talking about".

You know that Obama had nothing to do with the drop in rigs, right? And that oil production is not in a "death spiral". In fact, it is just off the peaks from 2015

http://marketrealist.com/2017/03/us-...r-1-year-high/

But lets not let facts get in the way of your alternate reality.
Ok, if you think that production will stay the same or magically increase with 75% less drilling for 18 months then sure. Guess we will have to wait to see if I'm right. I know where Im putting my money

I agree Obama does not phone in the Rigs, but heres a question, if USA is a net importer and somehow had too much oil how does that happen? If I have too much of something I import than thats my fault right? The Obama administration was responsible for importing oil from Opec correct? Just asking some 4th grade questions here.
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