Quote:
Originally Posted by yubba
So why is this government hell bent on us not to be drilling ??? I from New York State escaped years ago I can't believe whats going on up there, so afraid of drilling for gas and you only get 7 shots to save your life, and the state is billions in the red.
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Consider this.
There is a finite amount of oil in the world. There are domestic supplies and foreign supplies. From the United States' viewpoint, which supply of oil should be used up first?
It is to our strategic advantage to use "their" oil up before using "our" oil up.
When, in the future, the supplies of oil become limited, would it not be nice if the US had their own supply?
Often it is better to use the other guy's strategic resources instead of your own even though it may be more expensive.
Using cash, which can be replaced to buy a resource that can't be replaced is a wise investment.