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Originally Posted by Texas Flames Fan
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  |
You do know the difference between drilling and production? So long as reserves are not depleted, production should remain stable without further drilling. You do understand that, right?
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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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The United States purchases OPEC oil for many reasons. Do you know what the strategic petroleum reserve is? Do you know that the United States believes it is strategically best served importing oil and sitting on its reserves rather than exhausting its reserves and have nothing in times of crisis? You do understand these concepts?