TheLastIndependent
DP Veteran
- Joined
- Oct 15, 2011
- Messages
- 1,545
- Reaction score
- 466
- Location
- North Carolina
- Gender
- Male
- Political Leaning
- Libertarian
There isn't a shortage of oil due to at this time. Speculators may think the middle east situation may lead to a shortage, not just the sanctions, so just ending that will not reduce prices much. And for us, our investments are doing very well. And what we have been exporting oil. So I think it may be better to not export our oil.
That's what I dont understand. I am not certain on this but I am fairly certain that we produce enough oil to cover at leats 80% of our demand yet we still ship it. It makes no sense to me.