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"The new Middle East," says Citi of North America in regards to oil production, where strides in...

"The new Middle East," says Citi of North America in regards to oil production, where strides in resource extraction could have the continent producing more oil than Russia and Saudi Arabia by 2020, with profound positive consequences for the U.S. "The coming generation of Americans ... may be privileged to witness a remarkable resurgence ... (a) minor industrial revolution."
Comments (3)
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    Yes, it looks positive...IF the federal government stays the hell out of the way and lets it happen. Prospects for that happening are somewhat less positive.
    21 Mar 2012, 11:18 AM Reply Like
  • dangros
    , contributor
    Comment (1) | Send Message
     
    is anyone familiar with the word correction any more?
    21 Mar 2012, 01:32 PM Reply Like
  • WMARKW
    , contributor
    Comments (10641) | Send Message
     
    Hey.....I thought we reached peak oil a while ago?

     

    Anyone know how much new oil is being "created" beneath the earth's crust every year?
    21 Mar 2012, 02:24 PM Reply Like
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