First Prev
of 2
Next Last
Mike Mulligan

Brattleboro, VT

#21 Apr 1, 2013
I was ahead of the mainstream by a year!

http://openchannel.nbcnews.com/_news/2013/04/...

How the US oil, gas boom could shake up global order

In the longer term, observers say that the Organization of Petroleum Exporting Countries (OPEC) and many of its member nations are likely to be the biggest losers if the U.S. continues to cut oil imports, likely decreasing oil prices in the process.
"A dramatic expansion of U.S. production could … push global spare capacity to exceed 8 million barrels per day, at which point OPEC could lose price control and crude oil prices would drop, possibly sharply," the U.S. intelligence community's internal think tank, the National Intelligence Council, said in its “Global Trends 2030” report in December. "Such a drop would take a heavy toll on many energy producers who are increasingly dependent on relatively high energy prices to balance their budgets."

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Brattleboro Discussions

Title Updated Last By Comments
Organic Smith & Wesson Bodyguard .380 (Aug '11) 12 hr Measderhu 11
Online Petition to oust Shumlin Sat Oust Dictator Soe... 65
Review: Biologic Integrative Health - Samantha ... (Feb '10) Nov 20 As The Whirled Ch... 55
Vernon's police chief speaks out after departme... (Mar '14) Nov 18 Patty O Furniture 20
Fukushima Worsening!-Thank Nuketards 4Ruining E... (Aug '13) Nov 17 Lou Keemia 115
Truth reason knowledge (Dec '12) Nov 14 Philae FAIL phfff... 609
Just another religious criminal Nov 14 B4BenCarson Or UR... 76

Winter Storm Watch for Windham County was issued at November 24 at 3:01AM EST

Brattleboro News Video

Brattleboro Dating
Find my Match

Brattleboro People Search

Addresses and phone numbers for FREE

Brattleboro News, Events & Info

Click for news, events and info in Brattleboro

Personal Finance

Mortgages [ See current mortgage rates ]

NFL Latest News

Updated 8:48 am PST