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USA's projected to be a major exporter of petroleum
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sbark
Posted 11/22/2012 09:54 (#2710561 - in reply to #2709278)
Subject: Re: USA's projected to be a major exporter of petroleum


In general a good thing. Get Keystone built, just read Calif. is sitting on a oil formation 4x bigger than the ND's Bakken......doubt that state will even think about "expoliting" that even with their debt problems

However, realize why this is happening, We have effectivly lost the advantage of the USA as Reserve Currency stats without it even hitting the news. The Reason foreign countries can by the refined products cheaper than we can buy and use them at home is the destroyed value of the dollar via QE (printing paper dollars) accelerated to warp speed in the last 4 yrs.....
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