They can start drilling today, last week, last month, etc. etc etc...

Need to pump more in the wells they've got...the oil companies are holding back for profits.
It takes a special kind of stupid to believe they aren't already pumping everything they can when the price of oil is $120/bbl
 
Need to pump more in the wells they've got...the oil companies are holding back for profits.

How do they make profits by not pumping? What makes you believe they can pump more? You do realize that a well has a maximum production rate, don't you?
 
It takes a special kind of stupid to believe they aren't already pumping everything they can when the price of oil is $120/bbl
Which of course is the global price. So unless all that extra supply is released globally, it makes no difference whatsoever here at home.
“Energy independence” is a fallacy unless the US can produce enough to completely control global supply regardless of demand. That will never happen.
 

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