Why Cant America use its own Oil

Discussion in 'Economy' started by froggy, Mar 3, 2011.

  1. froggy
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    froggy Gold Member

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  2. KissMy
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    Because Rachel Carson wrote a book full of lies called Silent Spring that said we can't defile US soil, water or air. JFK & the Liberals that read it believed the lies & have made it their constitution. Because of this book the EPA was created to keep US in line.
     
  3. American Horse
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    American Horse AKA "Mustang"

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    Because allowing us to do so would impede the liberal obsession with moving America to an alternative energy dependence. This is an indicator of how the liberal/media/education cabal controls the discussions that regulate our very lives.
     
  4. Mad Scientist
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    Mad Scientist "Remain Calm People!" Gold Supporting Member Supporting Member

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    When the price per barrel reaches 225-250 we'll see more drilling. Obama is merely a puppet so he'll do what he's told.

    But the price of fuel will remain high.
     
  5. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Why can't America use it's own oil? Two words... Environmental whackos.
     
  6. JBeukema
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    Because we haven't nationalized/socialized the oil industry. Even if we let someone 'drill here', America doesn't get first dibs on the oil they pump out- it goes straight to the world market where we have to bid on it the same as all the other oil out there.

    There are only two options if you want to 'drill here' and 'use our own oil':
    1)socialize the oil industry
    2)Put a ban/limit on exported goods and force corporations to sell oil at a capped price to American refiners/distributors before they're allowed to sell any of the oil on the open market.

    In other words- you have to oppose capitalism and the free market in order to 'drill here, drill now and use our own oil'


    Why does the OP hate capitalism?
     
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  7. ScreamingEagle
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    ScreamingEagle Gold Member

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    We have enough reserves to become a world exporter....why does Obama hate capitalism...?

    [​IMG]
     
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    Drilling here does nothing so long as we buy into the capitalist propaganda and system. It would change nothing. We'd still be looking at multinational corporations drilling for the oil and putting on the world market where we have to bid for it like everyone else. The 70's proved that these companies will slow production to create artificial shortages if they think it's boost their profit margin.
     
  9. dilloduck
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    dilloduck Gold Member

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    It seems to me that we pay for what speculators think the price of oil well be. Wouldn't it be much harder to spook the specualtors if a steady supply of oil was coming in form a relatively stable region of the world. The speculators probably cheer when prices go up and down based on predictions of what will happen next in the mid east. If the prive of oil stayed flat they would have find their profits gambling on another commodity.
     
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  10. American Horse
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    Remove doubt about American energy policy vis-à-vis using as much of our own resources as possible and thus our being less dependent on nations who are either subject to chaotic social forces in their regions or who are known to not respect us would lower prices everywhere. Removing ourselves from dependence on regions that at any moment can become unreliable as suppliers would settle down world speculative markets, and encourage rational pricing. We would enjoy those benefits directly and the world would indirectly.
     

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why dont us use their own oil