“And when oil hits $125.00 a barrel we will be drilling like crazy here in the USA!”
Only when and where big government permits.
Does it occur to anyone we should be tapping the oil field in the Gulf where the accident occurred earlier in the year? We know there is a plentiful supply. Obama will never allow it.
Actually, oil exploration in the USA has increased in the US and there are 562 more rigs drilling for oil & gas as of last week then there were the same week a year ago.
As for the eastern Gulf of Mexico, there is a moratorium on drilling there that has been in existence since 1981.