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U.S. Reports First Month in 70 Years as Net
Exporter of Oil

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Posted By: ladydawgfan, 12/1/2019 7:49:30 PM

Remember a few years ago when the United States was heavily dependent on foreign oil and experts were telling us we'd be a slave to OPEC forever? I remember it well. We fought wars for oil, undermined unfriendly governments for oil, but in the end, we were at the mercy of others for our oil supply. Our economy was held hostage by OPEC, as even a small change in the price of oil would send markets reeling and slow economic growth. But in September, that all pretty much ended. For the first time since records were kept beginning in 1949, the United States became a net exporter of oil.

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Reply 1 - Posted by: DVC 12/1/2019 7:51:47 PM (No. 250394)
THIS is wonderful!
11 people like this.

Reply 2 - Posted by: Ida Lou Pino 12/1/2019 8:07:59 PM (No. 250408)
FTA: "Remember a few years ago when the United States was heavily dependent on foreign oil and experts were telling us we'd be a slave to OPEC forever?" Oh, yes - - i do. Those were the same experts who told us that the Soviet Union would bury us in a tidal wave of economic growth. And that it would never snow again. And that Little 0bie would be the greatest president ever. And they also forecast the massive outbreak of ticks in Tennessee. No - - wait - - that was Chriswell.
9 people like this.

Reply 3 - Posted by: JunkYardDog 12/1/2019 8:22:54 PM (No. 250420)
THIS IS FANTASTIC FOR THE USA. Providing our own energy, while undercutting the price of oil to Russia and Iran, is absolutely amazing. Obama tried to completely shut it all down. The !@#%$! Democrats would have us at their mercy, selling out our interests to foreign interests at the highest bidder, like what Biden tried to do, and what Hillary was doing until she was stripped of the keys to the store. Oh, how I cannot wait until the 2020 elections, and the Dems lose all their majorities. To see Pelosi and Schumer and Schiff twisting in the wind at the mercy of Trump....oh my.
18 people like this.

Reply 4 - Posted by: Omen55 12/1/2019 8:49:01 PM (No. 250443)
Trump has foreseen this. Follow his vision to MAGA.
14 people like this.

Reply 5 - Posted by: volksford 12/1/2019 8:57:47 PM (No. 250448)
No thanks to any democrat.
8 people like this.

Reply 6 - Posted by: Paglia guy 12/1/2019 10:08:26 PM (No. 250468)
Hold on, now. Rick and his brother will next be attributing this to the growth of energy during the Obama presidency.
3 people like this.

Reply 7 - Posted by: Locarno 12/2/2019 12:09:23 AM (No. 250512)
'Going forward, the United States will be energy independent on a monthly basis, and by 2030 total primary energy production will outpace primary energy demand by about 30%,” said Sindre Knutsson, vice president of Rystad Energy’s gas markets team.' Never thought I'd live to see this day. However, like our Constitutional freedoms, it will only last until the next donkey is elected/selected. Does anyone think President Chief Spreading Bull is going to sit idly by and allow any independence in this country? Energy independence means less dependence on the govt. The sooner we reelect POTUS, have a working majority in the House and Senate and drain the fetid cesspool of Washington, the better will be for our country.
2 people like this.

Reply 8 - Posted by: DynomiteThings 12/2/2019 3:44:22 AM (No. 250545)
This is YUGE! Thank you, President Trump, for putting America first!
3 people like this.

Reply 9 - Posted by: JL80863 12/2/2019 4:42:45 AM (No. 250554)
Can we dump the Department of Energy? Billions of dollars later they still don't have a clue as to what their mission is. The petroleum industry solved the problem.
2 people like this.

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Posted by ladydawgfan 12/1/2019 7:49:30 PM Post Reply
Remember a few years ago when the United States was heavily dependent on foreign oil and experts were telling us we'd be a slave to OPEC forever? I remember it well. We fought wars for oil, undermined unfriendly governments for oil, but in the end, we were at the mercy of others for our oil supply. Our economy was held hostage by OPEC, as even a small change in the price of oil would send markets reeling and slow economic growth. But in September, that all pretty much ended. For the first time since records were kept beginning in 1949, the United States became a net exporter of oil.
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