Nalod
Posts: 71364
Alba Posts: 155
Joined: 12/24/2003
Member: #508 USA
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We actually export about half of our production to places we have trade agreements with. Like Japan, like Saudi Arabia. Crazy. Real Crazy.
Take about 4x as long to refine oil to gas as it used to. Why? Cuz we about halfway thru the supply. THe oil is full of water and other crap.
Relax, we still have 50 years left of Oil in the ground. But it takes 200 million years to make it. So no more oil.
But humans figure it out, and we will also.
No "Crisis", and it will take while to figure out.
Does it got a "HEMI" won't be a popular tune. We not in crisis mode yet.
Far from it.
Just the price of a commodity finally catching up with demand and inflation.
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