Refiners want to be near the water, but now it's practically impossible for them to find a place to build. Refineries are high on the list of least-wanted industrial sites. This report from the California Energy Commission notes that even though 10 refineries representing 20 percent of the state's refining capacity were closed between 1985 and 1995, "it is unlikely that new refineries will be built in California." Why? Locals are concerned about the environmental impact of refineries, their contribution to smog, their traffic of giant trucks carrying hazardous materials, and the potential for devastating leaks in event of an earthquake." Taken from a Slate article published in 2004.
The federal government has all but taken over health care which is about 15% of our economy and the federal government still retains a significant chunk of General Motors and you now propose that the federal government take the oil industry. What you are proposing would bring us even closer to communism (government ownership of the means of production) and you consider yourself a conservative?
They sit back and laugh at the fools at the pump that pay what they demand for gas.
Remember oil was $147.00 per barrel and prices were lower than they are now when it's at $92.00
Who's kidding whom?