Tag Archives: US world’s biggest oil producer

Thank Big Oil

Still able to buy gas for the vehicle and put groceries on your table in the continuing Democrat Depression? Thank Big Oil.

The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said….

“’The U.S. increase in supply is a very meaningful chunk of oil,’ Francisco Blanch, the bank’s head of commodities research, said…. ‘The shale boom is playing a key role in the U.S. recovery. If the U.S. didn’t have this energy supply, prices at the pump would be completely unaffordable.’”

The “nation’s economic recovery,” is a little economist’s joke, based on the statistical lies the feds tell. Ninety-two million Americans out of work is not a recovery.