View Single Post
Old 01-31-2013, 05:09 PM   #26
KC native KC native is offline
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $8106
Quote:
Originally Posted by RaiderH8r View Post
Crude oil remains a global commodity. If you want to see what happens to an energy price when America truly commits itself to producing I give you the natural gas prices here.

http://www.eia.gov/dnav/ng/hist/n9190us3a.htm

You see the trend from when unconventional production takes off to now and the price drops roughly 50% to today's price. Natural gas is a regional market, meaning we don't currently have export facilities to scale. Hell, before 2008 companies were investing in LNG import terminals to bring crude to the US market. Lo and behold we find ourselves in an energy revolution and the prices come down. As America continues (or damn well ****ing should) produce unconventional crude oil to put on the global market prices will come down and/or America will reap the benefit of high prices and the infusion of the corresponding foreign capital. That is if we don't **** it up. Face it, idiot ****ing liberals will **** this up. Dumbasses.
And you're a dipshit for insinuating that we have oil reserves comparable to our NG reserves.
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 17,653
KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.
  Reply With Quote