RE:RE:RE:Todays EIA Report There is a difference between
Running Out
and
Running Short
The US will never run out of oil (at least not before the Sun becomes a super Nova)
The US does appear to be running short of oil.
It's the running short part that matters from an investment point of view
A change in politics can't stop a Country from running short. We know the US has the ability to drill because they are adding more rigs. The problem can not be removed by reduced regulation. In fact reduced regulation would just accelerate the problem - just like longer horizontals and more rigs