Re: I linked to two articles on either end of the political spectrum to bracket the results as best I could.

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ER — 3/15/2012 6:23:48 PM (archived)

Promiscuous drilling will only profit the drillers. No one else will benefit, unless new crude production rises so high relative to worldwide demand that oil prices fall all over the world as a result. You know that is not going to happen as well as I do.

As for the strategic reserves, I agree with you on that issue. See my comments to your post on CE.

The whole thread (11 posts)

Obama: U.S. has only 2 percent of world reserves. - TB - 3/15/2012 4:32:44 PM
- Re: Obama: U.S. has only 2 percent of world reserves. - podrock - 3/15/2012 10:24:07 PM
  - Yo, Podrock, - ER - 3/16/2012 3:07:09 AM
    - Re: Yo, Podrock, - podrock - 3/16/2012 4:05:32 AM
      - The Oil Drum is a good resource. - TB - 3/16/2012 4:20:50 AM
- Re: Obama: U.S. has only 2 percent of world reserves. - ER - 3/15/2012 5:20:10 PM
  - Well there is the tiny bit of savings from the elimination of tanker freight. - RobVG - 3/16/2012 1:21:17 AM
    - Re: Well there is the tiny bit of savings from the elimination of tanker freight. - ER - 3/16/2012 2:33:12 AM
  - I linked to two articles on either end of the political spectrum to bracket the results as best I could. - TB - 3/15/2012 6:00:38 PM
    - Re: I linked to two articles on either end of the political spectrum to bracket the results as best I could. - VelociraptorBlade - 3/15/2012 8:15:54 PM
    - Re: I linked to two articles on either end of the political spectrum to bracket the results as best I could. - ER - 3/15/2012 6:23:48 PM

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