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First recorded activity by BoatBanter: Jul 2006
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Default Bad oil price news...

On Mon, 07 Aug 2006 08:37:45 -0400, Bert Robbins wrote:


Either you want the oil to flow and the prices to go down or you want to
stem the flow of oil and have the prices go up. I want the former.


Why should we let oil just sit in the ground? If we can reduce our
dependence upon foreign oil by drilling in ANWR, the coast of CA and the
Gulf of Mexico we would be doing what some lefties want.


If you look at figure 2 in the following link, you'll note that it's the
consumption side of the equation, not the production side, that is causing
most of our dependence on foreign oil. Regardless, whether you drill in
ANWR or not, cheap oil is history.


http://www.nrdc.org/air/transportation/aoilpolicy2.asp
 
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