$100 oil isn't some abstract market story. It's a tax on every family that has to drive to work and buy groceries, while shale guys in Texas and North Dakota cash in and OPEC laughs. We spent years pretending we could regulate our way to cheap energy and still have leverage overseas. Nope. If the world's this unstable, the US should be producing more here, not begging hostile countries to pump and then acting shocked when prices bite.

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American producers will be among biggest beneficiaries if crude prices average $100 a barrel this year

www.ft.com