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  • kaps1992 Nov 13, 2013 7:28 PM Flag

    Article: U.S. Oil Output Exceeds Imports in Major Milestone - 11/13/13

    Excerpts from article - Great News For Going Long on ALDW

    U.S. crude oil production in October exceeded imports for the first time in nearly two decades, starting a trend
    that is likely to continue for the foreseeable future as the country benefits from one of the biggest oil

    "I think this is huge and it's another step in this revolution that we're seeing in the energy market," said Phil Flynn, an energy analyst at the Price Futures Group in Chicago.

    "We're seeing our reliance on imports of crude fall every day."

    Sentiment: Strong Buy

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