Wily Fox aka Angela wrote: The US is actually exporting more than it imports now, but oil prices are driven by speculators, just like the stock market and housing crisis. Get the speculators out and things will settle down.
Read further, we are exporting refined value added petroleum products like gasoline but still importing oil, check LJ's post, we produce 1% and consume 25% of the world's daily supply. Right?
Thomas Sowell: There are no solutions, just trade-offs.
