The United States Is On Course To Be The World’s #1 Oil Producer In 8 Years

[sasha031]

Despite the absolutely ridiculous claims the GOP are making about American oil production, the Wall Street Journal is reporting that the United States may soon be the world’s largest oil producing nation, overtaking Saudi Arabia.

The Department of Energy is forecasting that by 2020, U.S. production of oil could reach 15 million barrels a day, putting the nation’s production above Saudi Arabia.

Just next year the average will be 11.4 million barrels, just below what the output of Saudi Arabia is right now.

Here is a quick list on why oil production is so high right now.

Production in the Gulf of Mexico, which slowed after BP’s 2010 well disaster and oil spill, has begun to climb again. Huge recent finds there are expected to help growth continue.
http://www.politicususa.com/united-states-worlds-1-oil-producer-8-years.html

I feel heartsick even posting this, do not see how this is supposed to be good news.

[nc4bo]

1. What could possibly go wrong AND what's the plan after we've drained ourselves dry? nm

[Nay]

2. Too bad all that oil goes to the highest bidder, not to an effort that would pave the way to a more

sustainable society when the oil runs out or becomes too expensive to use.