Oil Insiders Warn: A "Day of Reckoning" Is Upon Us

Does the U.S. have the capacity to refine all of the light sweet crude oil it’s producing?

Jul 19, 2014 at 2:08PM

The Energy Information Administration conference was held in Washington, D.C., earlier this week. According to a tweet from the Oil and Gas Journal, EIA conference speakers spread a warning about United States' "day of reckoning." Does this mean the U.S. will soon face a shortage of oil?

Tune in to the following segment of The Motley Fool's Where the Money Is to hear what this ominous phrase actually means, and whether analysts Joel South and Taylor Muckerman think it's really something to worry about. 

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Joel South owns shares of Schlumberger. Taylor Muckerman owns shares of Halliburton. The Motley Fool recommends Enterprise Products Partners and Halliburton. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.