...if you understand that US oil companies pumping oil will sell it on the global open market at current crude oil prices? Why would the oil companies sell only to US customers at LESS than global crude oil prices? Oil Drilling in Alaska by Daniela Muhawi - EcoWorld::
Dec 18, 2004 In the world, more oil would be available to help other nations . Another argument states that drilling will reduce the oil prices.
http://ecoworld.com/features/2004/12/18/oil-drilling-in-alaska/HOME |
Offshore Drilling for Oil in California or Elsewhere is Not the ::
Jun 19, 2008 California's offshore oil pools would probably not produce much more People who expect offshore drilling to reduce gasoline prices know
http://www.californiaprogressreport.com/2008/06/offshore_drilli.htmlHOME |
the US Oil Pumping reduces gasoline prices because the oil is right in here in the USA and not from overseas. this cuts the costs of shipping oil and the problem of foreign taxes. Will Offshore Drilling Lower Gas Prices? - Election ’08 - Care2::
Jun 19, 2008 Would offshore drilling lower gas prices? Why do the oil companies . Producing more oil closer to home here in the U.S. will drive many
http://www.care2.com/politics/will-offshore-drilling-lower-gas-pri.htmlHOME |
More Drilling Extends National Addiction to Oil; Will Not Save ::
Jun 26, 2008 The United States cannot drill its way out of its oil addiction. That is the equivalent of cutting today's gas prices by more than one
http://www.ucsusa.org/news/press_release/more-drilling-extends-0127.htmlHOME |
Set asides the horrible environmental effects of such a plan, it may not cost less but the generated profit will go back to America.
You have to look at both sides of the coin and figure out which you prefer out of these two options; being destroyed by terrorists or contributing to destruction of the whole planet.
Bloomberg.com: U.S.::
Jul 12, 2008 Bush Says Gas Prices Causing Rethinking on Drilling (Update1) Congress to open more domestic land to oil drilling in an effort to reduce
http://www.bloomberg.com/apps/news?pid=20601103&sid=aHzSn8poUPB4&refer=usHOME |
ProQuest K-12 - eLibrary CE Teachable Moment::
Can more domestic oil drilling reduce the price of gasoline and U.S. dependence strategies will result in lower gasoline prices? When would this happen?
http://www.proquestk12.com/bulletins/08AUG/TM_eLibraryCE.shtmlHOME |
The better alternative to the "dig baby dig" plan would be to invest the money into research for less pollutant fuel.
Better hurry though, the clock is ticking and at the moment, humanity looks like a blind folded fool walking towards a high cliff pointing a gun at its own head!
Edit: Locust, in the other question you have asked: "So, how will that result in lower gasoline costs for American customers?"
Here is a repeat of the last part of my first sentence-> it may not cost less but the generated profit will go back to America.
Which part of the question did I not understand?
supply and demand
We should drill for our own oil. It would reduce gas prices because we would refine it here and we would not have to ship it over. We would have cheaper gas because it is from our country. Because it is our oil we have a right to use it the way we want to, for our country. Drilling a lot will not helps this country's economy, it will make it worse. The government would have to pay for the gas and we would be in more debt.
If they did that, how would they make money? No one goes into business for the customer. They do it because they want to make as much money as they could.
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