[Envisioning]

If we start drilling now, it will take 10 years to see any benefit from it...............oh, ok.........nevermind.

The world is not as complicated as your "leaders" would like you to believe....

[trumandogz]

How would you then explain that there were 562 more rigs drilling for oil & gas in the United States last week then there were the same week of December a year ago in 2009?

Yes, oil prices are up and due to that fact, domestic drilling has increased.

However, if you want cheap oil, you will have to hope that oil prices crash and that would result in there being no additional drilling in the US.

So, what would you like?

Cheap foreign oil?

Or

Expensive domestic oil?

And the fact of the matter is that there in no such thing as Cheap Domestic Oil.

And when oil hits $125.00 a barrel we will be drilling like crazy here in the USA!

[nomad]

In my area of Portage County of Ohio, regular is about $2.96 a gallon (varies a little between stations). I read (believe it was drudge) that when Obozo took office, the National average was about $1.98 a gallon.

[bgill]

There are countless capped wells left over from the 70’s that could be refurbished and back in production in no time.

[yatros from flatwater]

The real answer is that the value of the dollar is falling, which means oil goes up in price when paid in dollars. However, the price of oil in relation to other real commodities has not changed much at all, as reflected in this graph:

Have you noticed that a pre-1964 silver dollar now costs around 25 Federal Reserve Notes? So actually the price of gas has gone down in real terms as a gallon of gas in the early 1960's was $0.25 - $0.35.

[reaganator]

Why are gas prices so high?

Have you not witnessed the concerted attack on oil and the oil industry over the past few decades?

The leftist bureaucracy, the EPA knows what they are doing.

They must destroy the American economy to defeat America. the American military can not be defeated.

To defeat America, you demonize, attack and destroy the oil industry and it’s product oil, the lifeblood of the American economy.

Because of this ongoing attack, would gasoline prices by anything but high?

Fight back, support oil exploration and production.