Rec Warning Come News Today : Breaking News, Live Updates & Top Stories | Vimarsana

But you know, canada, mexico, china, europe, japan all much, much bigger players. much bigger impact on the u.s. economy were we to have similar troubles with those nations. what you and i will pay at the pump for gasoline, by how much did the saudis dictate that price? almost zero. if you look at what s happening in the united states, brian, the fracking revolution for which the president takes credit, has been going on since 2008. at one juncture in february of 2016 oil was as low as $26.05 a barrel. that was low enough to get frackers to stop because it was unprofitable to drill for oil in the united states at that point. the saudis and the russians, the rest of opec, drove the prices back up by cutting production. our production has since exploded to 12 million barrels a day. we produce more than saudi arabia. we produce more than russia. so we have the biggest increasing supply of oil. we have the biggest proven oil to fall inflation, fearing t onset of a rec warning come. so ....

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