Obamacare Grant Scandal: Congress Awakes! [American Spectator]
http://www.freerepublic.com/focus/f-news/3358744/posts
[gas war’s affect on US oil production — I’ll add quick summary next.]
Gas War’s Affect on US Oil Production
[After ‘talking’ with a couple FReinds who know oil — link to discussion above ...]
This gas war is slowing down US oil production. However, our real danger is federal regulation. When oil prices go back up, the only thing preventing a rapid future increase in US oil is Washington DC.
Modern oil drilling is more dynamic than in the old days. Most equipment is mobile and can be relocated rather cheaply.
However, I suspect that federal regulations would stall out a re-booting of future oil production.