Domestic Oil production at record levels, gas prices $3

[LeftofLeft]

Nope. The more we produce opec just cuts more. At some point they’ll flood the market with excess oil and put US producers out of business.

The more we produce contingent upon demand and capacity. If OPEC produces more in response to our production AND POLICY, the prices go down.

 

[John Edgar Slow Horses]

The more we produce contingent upon demand and capacity. If OPEC produces more in response to our production AND POLICY, the prices go down.

It won't.

 

[22lcidw]

It won't.

We will see on that. However, price stability is also important. Even as the prices have dropped there has also been extreme increases and price swings for no reason it seems. You go to bed, wake up and it is 15 cents higher. Comfort is a couple, a few cents.

 

[LeftofLeft]

It won't.

Is that a plea or do you have some data to back that up?

 

[John Edgar Slow Horses]

Is that a plea or do you have some data to back that up?

Your logic is false.

 

[LeftofLeft]

Your logic is false.

Why and how is it false? Where is your logic?

 

[John Edgar Slow Horses]

Why and how is it false? Where is your logic?

You have to make the argument. It is your burden of proof. You gabbled some, gave us your opinion, and left it at that. OPEC because they are oil economies almost entirely. They will bust before they hurt us at all.

 

[drudge X]

$4.99 a gallon.

 

[LeftofLeft]

You have to make the argument. It is your burden of proof. You gabbled some, gave us your opinion, and left it at that. OPEC because they are oil economies almost entirely. They will bust before they hurt us at all.

So if the are oil economies, we are a more diverse economy and an oil competitor, will prices go up or down if we have a regulatory policy on par with theirs?