Remember:
On the other hand:
This supply-side surprise comes courtesy of American frackers, who have seized the opportunity afforded them by the petrostate cuts and have ramped up their own production over the past nine months. By cutting costs and boosting efficiencies, U.S. shale has made itself capable of profitably producing $50 per barrel oil.
Have you hugged a Fracker today? 'Cause yer cheap gasoline and diesel is due to them.
3 comments:
I'd like to know where this cheap gas is. I paid $2.97 a gallon for regular the other day.
For some reason we are always high around here compared to most other areas and there is a damn pipeline that goes right through here.
$2.19 here
Obama also said you can save just as much by getting tuneups & inflating your tires. The man is so out of touch with reality I will never understand how he won one, let alone two elections.
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