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365 comments on DrumBeat: May 23, 2008

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AlanfromBigEasy on May 23, 2008 - 10:25am Permalink | Subthread | Parent | Comments top

the US hit zero net oil exports more than 20 years before our production peaked

See Interstate Highways, the creation of modern Suburbia, the universal destruction of our downtowns and inner cities, etc.

Best Hopes for A Reversal,

Alan

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turchin on May 23, 2008 - 5:41pm Permalink | Subthread | Parent | Comments top

By the way, while russian output felt 0.7 percent, the inner consumption grew 5.7 per sent, following strong economy growth and car''s increase. It means that export felt at least 6.4 persent.

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izzy on May 23, 2008 - 9:46pm Permalink | Subthread | Parent | Comments top

No it doesn't.
The 0.7% is a percent of a different quantity than the 5.7%.
You can't just add 'em up.

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