05.11.2012 - Keep your oil, OPEC!
Oil industry economis´╗┐t and consultant Philip K. Verleger, Jr. recently predicted that the United States will export more energy than it imports within a decade. Five, certainly ten years ago, to make such a claim would require someone smoking some pretty strong stuff. Today, they would likely be viewed as overly optimistic. That optimism may not be altogether unfounded. First, American consumers and businesses are more fuel efficient. As Ezra Klein showed in the Washington Post, the US is squeezing more GDP from a barrel of oil than ever...............................................Full Article: Source
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