tag:blogger.com,1999:blog-3758330678390419129.post8120158881105846710..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Two Key Charts on the Super-Boom in Texas Oil ProductionRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-81510260059968652712013-02-03T19:09:15.454-05:002013-02-03T19:09:15.454-05:00It doesn't matter if the oil goes directly to ...It doesn't matter if the oil goes directly to the US. If it is sold to China or elsewhere that's less oil that China needs to bid for against the US.<br /><br />Both China and Japan are buying Iranian oil.<br /><br />http://www.reuters.com/article/2013/01/31/us-iran-oil-exports-idUSBRE90U01Y20130131<br /><br />In the meantime there is more oil being produced here,Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-20746073819442008952013-02-03T18:21:30.754-05:002013-02-03T18:21:30.754-05:00Iran doesn't supply the US with oil....Iran doesn't supply the US with oil....Davidhttps://www.blogger.com/profile/06488483860138306993noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-31460344360629198592013-02-03T15:27:24.604-05:002013-02-03T15:27:24.604-05:00I think the subtle point being made is that Iran i...I think the subtle point being made is that Iran is becoming less important as a supplier of oil to the US and thus should be of even less concern to the US.<br /><br />The second chart in not worthless, it is a peace chart.The Cleanernoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-11837689052357354392013-02-03T14:22:48.872-05:002013-02-03T14:22:48.872-05:00The second chart is worthless. Someone found a sin...The second chart is worthless. Someone found a single foreign source out of many (Canada, Nigeria, Venezuala, what about those?) that Texas has now exceeded. So what?Scott Ohttps://www.blogger.com/profile/00270655527655803743noreply@blogger.com