This news just broke out here as a news story... something that a lot of you in the Haynesville Shale have known for awhile.... however, here it is if you'd like to read it!

http://www.kptv.com/news/26806939/detail.html

http://www.kptv.com/news/26806939/detail.html

 

 

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From the first article:

 

By 2020, oil imports could be slashed by as much as 60 percent, according to Credit Suisse's Morse, who is counting on Gulf oil production to rise and on U.S. gasoline demand to fall

 

60 percent reduction in oil imports? 

We use 20 million bbls each day now.....

We produce 5 million bbls/day

Estimated gain: 1/2 to 2 million bbls/day

 

Sounds like someone is using 'Wish Math' to calculate a pipe dream.  If this did play out, and there is a real 60% reduction in the use of gasoline by 2020,  we would have to raise gas taxes plus begin taxing based on mileage driven.

 

Also in the article:  Shortage of women.  Sounds like a old western I saw the other day.

Regarding a shortage of women

 

North Dakota: housing shortage("man camps"), SUN shortage, heathcare shortage.

It's surprizing they're not turnin'em away at the state border.

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