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Quickest way to fix it would be to increase domestic oil production. Of course, that would require us to lift some of the bans on domestic production. If alternative energy is so lucrative, as the left tries to tell us, the free market will happily offer it and for less money, which in turn changes the oil dependency. If, however, that alternative energy costs substantially more, as it does today, then you will not see that turn anytime soon.
Naw you can't do that it might disturb the blue breasted white throated slinky nocturnal darter fish that only lives in the minds of the environmentalist wackos.
Naw you can't do that it might disturb the blue breasted white throated slinky nocturnal darter fish that only lives in the minds of the environmentalist wackos.
Supply and demand has nothing to do with the current oil prices in the U.S. The supply is currently high and demand is low, the reason we have over $3/gallon is because of fiscal irresponsibility and the weakness of the dollar. Every single commodity will continue to rise until Congress gets the debt under control.
Thank the fed for increasing the money supply and now a dollar buys less. That is why gas costs more.
Oil companies make more money at 100 dollars a barrel with government subsidies (which if they were removed, they'd simply pass the loss onto you and me).
We should take the subsidies and only give them to companies who are seriously looking to shale for our oil needs. We've got more than the entire middle east combined, we've just got to dig it up and process it.
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