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VP_Spiro_T_CheneyAt that point you’ll start to see prices soar as refineries compete for enough barrels to keep operating at efficient levels.
https://seekingalpha.com/article/491248 … until-july
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I did that!
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Without fuel they were nothing. They built a house of straw. The thundering machines sputtered and stopped. Their leaders talked and talked and talked. But nothing could stem the avalanche. Their world crumbled. The cities exploded. A whirlwind of looting, a firestorm of fear. Men began to feed on men.
On the roads it was a white line nightmare. Only those mobile enough to scavenge, brutal enough to pillage would survive. The gangs took over the highways, ready to wage war for a tank of juice. And in this maelstrom of decay, ordinary men were battered and smashed.
Except for one man armed with an AK-47, and a Honda full of silver.
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Or we could stop exporting petroleum products until the Iran situation gets resolved.
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Peak bottom!
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Liberals have been predicting doom since February. Sure prices increased some, but not to the levels being predicted - unless you're in California!
Every day more domestic capacity comes on-line. The US has plenty of oil, in the US.
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