America has abundant natural resources to include oil. We have a huge amount of oil in Alaska, the Gulf of Mexico and beneath the Rocky Mountains. The problem with importing oil is that we are then at the mercy of foreign oil cartels like OPEC who determine production rates and price so we get screwed at the pump. This is America and we are Americans right? This is our country right? Is it not also right to believe that all those natural resources belong to us, the American people as well? Then nationalize the oil companies and all oil exploration within our borders and in the oceans out to international waters. That way we won't be at the mercy of oil cartels and the American people can get a slice of oil profits in the rebate checks they get yearly or quarterly. Yes, that can be written into agreements with whomever drills for the oil. I know I'll get hammered by those on the right for advocating basically the same thing Hugo Chavez is doing but this is America, we have a Representative Republic and through our elected representatives we could do this in a way that is beneficial to the American people, not just the oil companies. We have to break the control of big oil somehow. Just look how it's destabilizing our economy and squeezing those who can least afford these wild price spikes. Thoughts?