RE:RE:Drill Drill DrillPROtrading wrote: That's good news for the USA! They consume over 19 Mbpd, yet can't even produce 10! There's a 9+Mbpd deficit! If the imports stopped, the US if HOSED!
I am very happy to hear the efficiency is increasing because only the few brave investors are in oil. It's just not a hip sector to be in. BITCOIN! Yeah! That's the "air money" :-)
And with Russia and the Saudis not competing in the US crude space because they know it's going to trash oil prices again, only fools would only focus on a tiny slice of the big buy huh? LOL !!!!
Good point about the US deficit in crude production! It seems everyone is missing that important fact.
No comment on bitcoin or gold except one is funny crypto money controlled by "who knows who" and gold will have its day of one is a James Rickards convert. He'll be right one day. He's written a number of interesting books on the subject.