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Same Old, Same Old
From Oilprice.com that has been in the news for quite some time now: can oil supply keep up with surging demand? Don't get excited. "We're" talking about "2020." A lot will happen between then and now. In fact, the EIA says "supply will grow for the next three years, then slow down due to the investment slump 2015 - 2017."
It wasn't just the investment slump; the Obama administration did everything it could to destroy/stop/slow (take your pick) the US oil industry. [Alaska, continental shelves, GOM, EPA, pipelines stopped, just for starters.]
I think the "investment slump" would have been a different story had President Obama: a) encouraged E&P in the Arctic; b) encouraged E&P off the continental shelves, particularly the East Coast; c) encouraged E&P in the Gulf of Mexico; d) approved the Keystone Pipeline; e) not gotten involved with the DAPL; and, f) simply being true to his word: "all the above" when it came to energy.
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