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Old 11-25-2012, 09:12 AM   #102
prhom prhom is offline
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Join Date: Nov 2007
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Quote:
Originally Posted by DaneMcCloud View Post
There is no way you can guarantee that prices would fall and it's most particularly relevant that it would be used state side.
It seems to me that whether it is used domestically, or internationally is irrelevant. It's all about the net import or export when measuring trade deficits, and that's a pretty important factor as well. If we can make more money by exporting our oil than we can by using it domestically, then why not export it? That situation implies that the oil we are exporting is worth more than the oil we are importing. If that is true, why wouldn't we sell oil for more than we spend to buy it?
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