oil oil oil!

We rock. In case you didn't know, our domestic oil production is only 66% of what it was in the early 1990's. Don't believe me? See for yourself.

Another interesting fact. We're the third biggest oil producer in the world, yet we're still largely dependent on foreign oil. Granted, we have a huge population, and we're definitely not as screwed as China from an energy standpoint. Not troubling, until you consider the scenario of major powers fighting (literally) over energy. Good times. (sarcasm).

So who should we attack next? Probably Brazil or Norway. They seem to be increasing production. Oh... and annex Alberta from Canada since oil sands are now profitable.

Lesson learned (or not learned)? Attacking countries and making them politically unstable doesn't help oil production. Iraq is running at only better than 50% capacity compared to the days of Saddam Hussein. Next time do a coup instead of a frontal assault.

Random related links:
Link 1: Oil output forecasts
Link 2: Report and outlook