EriktheRed
Eh...
So more supply will not result in lower prices?
Have you ever taken Econ or read a basic economics work?
No the US has increased it's output and it has no effect on world price. OPEC can lower it's output to match any increase in our production to keep prices high. You see demand for oil in this country out paced our ability to produce it in the late 60's, even though we were one of the leading producers in the world(and still are). We consume about twice as much as we can produce.
So this is why oil prices only go up, never down, right?
Damn!
And you call others on here "ignorant boobs"??