About domestic oil not being available to American consumers unless they can come up with the world market price. You people have been running on this phony issue of "energy independence" even though its not American Oil, its corporate-owned and they will sell it wherever and for whatever the market will bear.
In other words, the Oil Barons get tax breaks and subsidies so they can get American oil and sell it overseas. As for the oil leases, there has been an explosion of mineral exploration, including oil in the last few years in the US. But you guys don't want to buy land and explore, it's too expensive. You want the government to allow you on to public lands so they can profit on the cheap, just like they did with timber in the national forests.
Do you deny that even if the US were completely and totally energy independent, if there was a major interruption in the supply from the MidEast, Russia, or any of the major producers our prices would be just as high as Europe's or Japan's or India's? All "our" oil would be sold to whover could afford it, and we'd have to match that price or do without.
Current Events » in reply to Oil leases
What about the energy independence part?
The whole thread (15 posts)
- Energy production soaring in the US.
