oldfolkdancer

U.S. Oil Consumption: Not Quite So Bad

We in the US will be using less oil but we will be paying more for what we do use because of the greater cost in extracting, refining, transporting. Also there will be more and more customers for oil elsewhere.

A New Dynamic for Middle Eastern Oil

The Wall Street Journal was where I read about the proposed deal between CNPC and the Iraqui goernment and I was thrilled. It tells me the war is winding down (probably over) and that the Iraqui's will get money flowing into the country. Like James I think what's good for China and Iraq is good for the USA. Good article.

We Can Lower Gas Prices Now If We Drill, Drill, Drill

The benefit of extracting oil from USA soil and off its shore is that most of the dollars paid for it would STAY HERE instead of Saudi Arabia, Mexico, Venezuela and Canada. Canada especially is benefiting immensely from this commodities boom and won't mind that much if we get a bigger part in the World Play. I agree, the price at the pump won't come down that much, if at all. But it will keep it shooting up to dizzying new heights. And I want those wages to go to union workers here in the USA. Those poor people in Saudi Arabia don't get much in the way of a fair wage.

We Can Lower Gas Prices Now If We Drill, Drill, Drill

Support offshore USA drilling! Think of all the great jobs it will create. Most of that money will stay in the USA. The need for more drilling rigs could create jobs for our manufacturing plants. More money can stay in the USA.