tag:blogger.com,1999:blog-7806136543904112143.post2209503614183806180..comments2023-10-30T09:23:42.803-05:00Comments on Some Assembly Required: SAR #13015Charles Kingsley Michaelson, IIIhttp://www.blogger.com/profile/04364694465614330540noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7806136543904112143.post-37719014936269502132013-01-15T17:45:40.317-06:002013-01-15T17:45:40.317-06:00USA&Oil: Yep, it all depends on how badly the ...USA&Oil: Yep, it all depends on how badly the Saudis have been cooking the books over the last decade. Of course, if the US does turn out to be a leading producer, WWIII should already be in full effect.HShttps://www.blogger.com/profile/00297340044154436927noreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-91007188445195428262013-01-15T09:04:53.826-06:002013-01-15T09:04:53.826-06:00The USA & Oil. It might just become the leadi...The USA & Oil. It might just become the leading or a leading producer. The trouble is that the much higher costs of extraction may entail a lot of state subsidy to the oil majors to pump it up. The other trouble is that if there is rather more derived from biofuels, also subsidised, which have the effect of cutting farm crops, then food prices will go up, unless they are subsidised. Were all this to happen the engine might just seize up.Demetriushttps://www.blogger.com/profile/17198549581667363991noreply@blogger.com