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Originally Posted by Tchocky
Well, I know the Energy Independence Act raised fuel economy standards, which is a roundabout way of reducing real prices. As is improving efficiency in energy usage, means there's more to go around.
Then again, the press release is more a piece of politics than a plan, contradictory in the extreme. Also, the idea that a single government can reduce gas prices is ridicuous.
August, Skybird is correct. The idea of lots of oil just sitting off the coast, waiting to be sucked up, is misleading. Example. Remember that's 50 cents per barrel, not per gallon. |
Skybird isn't addressing the thread topic. I'm surprised he even replied to this thread seeing as he has me on ignore. but whatever, cost isn't everything. How about reducing or even eliminating our dependence on foreign oil, or is that not important any more?
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Either party tells you they'll lower gas prices, they're lying.
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Maybe, maybe not. Increasing supply ought to bring down prices if my economics teacher knew what he was talking about. In any case we'd know for sure by now if we'd been able to drill for our own oil back in the late 1990's.