Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 11-30-2014, 06:22 PM   #4559
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Quote:
Originally Posted by DaneMcCloud View Post
They pretty much have no choice. The US will be the world's largest exporter of oil by 2020, surpassing Venezuela. Russia's got the natural gas. If OPEC is to compete, they'll need to keep their prices low.

They realize the end is near and it's better to sell low than not sell at all.
We don't export crude. It isn't permitted, by law, with a dew execeptions. Some have been suggesting that change, however.
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