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Old 11-24-2012, 05:31 PM   #85
patteeu patteeu is offline
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Quote:
Originally Posted by DaneMcCloud View Post
I'm not saying that you're being political. I'm saying that the masses are constantly fooled into believing that the POTUS somehow has an affect on gasoline and oil prices.

If public lands were to be opened up to oil companies and production were increased, there is absolutely no guarantee that prices at the pump would be considerably reduced, nor are there any guarantees that the oil extracted from public land would be available exclusively to Americans.

That's the dirty secret.

Cold fusion is the answer. Until then, nuclear fission plants should be everywhere.
There are never any guarantees, but it's highly likely that opening public land up for drilling would expand supply and Econ 101 says that would put downward pressure on prices.

Whether the oil was consumed domestically isn't very relevant.
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