US OIL PRODUCTION = TOPS IN WORLD = SO BIG OIL MONARCHS = WHO FUNDED 9ll + SYRIA + IRAQ + LIBYA + ARE NOW MEANINGLESS = SAUDIS + QATAR + …..

“The shale production story is bigger than Iraqi production, but it hasn’t made the impact on prices you would expect.  Typically such a large energy supply growth should bring prices lower, but in fact we’re not seeing that because the whole geopolitical situation outside the U.S. is dreadful.”

 — Blanch

Speculation = 40+% INCREASED GAS PRICE MANIPULATED FRAUD = GOLDMAN + HEDGE FRAUDSTERS RIPOFFS  = $2.40/gallon becomes UP TO $4.00+/Gallon

US shale + CHEMICAL FRACKING + Liquids separated from natural gas = KEYS for US in LEAD = 11 million barrels/day in 1st quarter + USA #1 in natural gas production in 2010. = BOOMS IN Texas + North Dakota

US = Oil consumers = Imported average of 7.5 million barrels/ day of crude

AMERICANS PAY ABOUT $4.00 / GALLON + MIDDLE CLASS PAYS TAXES EQUAL TO ANOTHER $10 / GALLON = TOTAL OF $14 / GALLON

+$2.00 / Gallon = MIDDLE CLASS PAYS TAXES FOR BIG OIL CORPORATE WELFARE = SUBSIDIES

+8.00 / Gallon = MIDDLE CLASS PAYS TAXES FOR BIG OIL FAKED WARS WITH BIG OIL MONARCHS PAYING THE OTHER SIDE

13.1 million barrels/day by 2019 THE FLAT LINE!

IRAQ + LIBYA + NGERIA = LOWER PRODUCTION = OIL MONARCHS FUNDS + US FUNDS MILITARY MANIPULATION = AQ CONTRACTORS = ISIL

MIDDLE CLASS PAYS FOR 50% of Investment in oil and gas extraction = 50% of record $200 billion = 20% of the country’s total private fixed-structure spending.

EXPORTING OIL INSANITY = 3rd WORLD IDEA = GREED OF BIG OIL FRAUDS = KEEP four-decade ban on crude exports.  USA IMPORTS 7.5 MILLION BARRELS/DAY = TANKERS GOING AND COMING MAKES ZERO SENSE!

BofA SCAMMERS = PUSH THIS FRAUDULENT EXPORT IDEA!