07-18-2008, 07:15 PM
Timstrk Wrote:Three things will bring down the price of crude oil on the market today. 1: Conservation. To a point this will work, no demand no increase. I drive the same distance to work every day and can't change that. No conservation to be had. 2: Release of 2/3 of the strategic reserve to the market and cause a glut that can't be beat, and oil prices will tumble. No demand. 3: Open up offshore drilling. Nancy Pelosi calls this a hoax. She also believes in global warming. Can't have the Dems in control do anything to make the republicans look good in an election year. W wants to open offshore, the price of oil fell $10/bbl. Just stating that made the price come down. Do it and it will be back to $80/bbl in a blink. I have more but carpal tunnel kills me.
Tim
The only way offshore drilling is going to work long term is if we use it here and don't let oil companies send it overseas (Like their doing now) The only way to do that is, with a big export tax on it. Now that's not going to happen, cause the lobbyists in Wash won't let it. I can almost hear it now "This flies in the face of free enterprise"
So go ahead and drill, in the end the only ones who will thank us are Exxon and the japanese. (The #1 oil importers of your oil)
So as long as the right blames the left and the left blames the right it's us in the middle that pays the price. Just remember the old saying "Divide and conquer" If you don't believe me, go read about Roman history.