most of the world is in a global recession. not much demand when times are tight. A bad Recession is on the horizon here too
I don't doubt that it is, but we'll ride it through a lot better than our Western counterparts on the fact that our economy is more diversified and that we don't tax fuel to the moon. If I were in France it would cost me $7.00 a gallon. I was able to fill up last week for $1.90. First time under $2.00 in years.
We exported more crude this month than we brought in. First time since 1973, or as far back as we've been keeping records.
https://www.reuters.com/article/us-usa-o...n-idUSKBN1O51X7 Thank you fracking!