[peeker01]

There is hope for the future.......

http://www.prweb.com/releases/2011/9/prweb8791211.htm

[kublikhan]

Just FYI, GS is not talking about crude oil here. There are talking about all liquids production.

$this->bbcode_second_pass_quote('', 'E')ditor's Note: After posting this article, we received the cited report thanks to a Goldman Sachs partner. The report does not claim that the present or future liquids production is "oil" although the production levels reported by The Times are corroborated in the report. We have accordingly changed the title and made other minor modifications to the post but remain firm that the message is relevant and important.

On Sunday, September 11, 2011, The Sunday Times quoted a Goldman Sachs (GS) report also summarized by Rigzone that predicted the United States will become the world's largest oil-producing country. This astonishing production increase is accomplished by changing the definition of oil and by using optimistic projections of liquids-rich shale production. The claim was that U.S. daily production will increase from 8.3 to 10.9 million barrels of oil per day (Mbopd) by 2017.

[ian807]

$this->bbcode_second_pass_quote('peeker01', 'T')here is hope for the future.......

http://www.prweb.com/releases/2011/9/prweb8791211.htm

[nobodypanic]

$this->bbcode_second_pass_quote('pstarr', ' ')

Welcome to the “oil expense indicator”It tells us at what percent of GDP our crude oil expenditures must be for a healthy [capitalist] economy to function.

[peeker01]

You people are so full of it. Germany is paying 8 bucks a gallon and doing quite well. Do you
guys just make this stuff up?

[peeker01]

So what about Germany PEE? Economists are right up there with liberal climate scientists in
my book.

[dolanbaker]

Germany's bricking it at the moment, Greece is almost certain to default before the end of the year, Italy is looking shaky and too big to bail. The whole €URO zone is looking at stagnation.

Yes Germany's flying!

[peeker01]

Aside from the Eurozone issues, Germany has developed a very robust economy on expensive
oil.

[dolanbaker]

$this->bbcode_second_pass_quote('peeker01', 'A')side from the Eurozone issues, Germany has developed a very robust economy before expensive
oil.

[peeker01]

Nonsense. Europe has had expensive petrol for many years.

[dolanbaker]

$this->bbcode_second_pass_quote('peeker01', 'N')onsense. Europe has had expensive petrol for many years.

[peeker01]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('peeker01', 'Y')ou people are so full of it. Germany is paying 8 bucks a gallon and doing quit well. Do you
guys just make this stuff up?

[dolanbaker]

Your post that followed my post!

[SilentRunning]

$this->bbcode_second_pass_quote('peeker01', 'N')onsense. Europe has had expensive petrol for many years.

[SilentRunning]

$this->bbcode_second_pass_quote('peeker01', 'T')here is hope for the future.......

http://www.prweb.com/releases/2011/9/prweb8791211.htm

[nobodypanic]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('nobodypanic', '')$this->bbcode_second_pass_quote('pstarr', ' ')

Welcome to the “oil expense indicator”It tells us at what percent of GDP our crude oil expenditures must be for a healthy [capitalist] economy to function.