Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 03-12-2014, 08:02 PM   #4263
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Quote:
Originally Posted by jjchieffan View Post
You say that, yet the supply has never been higher. It was reported on the news today that the US is likely gonna be producing more barrels of oil per day than Saudi Arabia by the end of the year. Yet prices continue to increase.

http://www.thenewamerican.com/tech/e...oil-production
I'm not sure what you are getting at here. Yes, our domestic supply is going up dramatically but crude is a globally-traded commodity.
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