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To: BallyBill
It's OK with me if Cubans can get oil from the Gulf of Mexico. Oil is a worldwide commodity--doesn't matter where/who it comes from. If more oil is supplied from any source, the price worldwide will come down.
19 posted on 04/12/2006 6:22:41 AM PDT by johnandrhonda (have you hugged your banjo today?)
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To: johnandrhonda

Well, there is the tax revenue lost.


21 posted on 04/12/2006 6:25:26 AM PDT by saganite (The poster formerly known as Arkie 2)
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To: johnandrhonda
Castro should be dead, not benefiting from oil drilling.
You sound like a whore willing to sell it to the most vile customer.
23 posted on 04/12/2006 6:26:38 AM PDT by MiHeat
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To: johnandrhonda
You overlook the growing appetite for fossil fuel from China.

In the next decade or two, you can no longer expect to live in a world with one large consumer (USA) and other geographically and populated large countries too underdeveloped and impoverished to make similar or even larger demands for oil and gas.

Supply is there, but extraction will have to grow a WHOLE lot more to compensate. The church of environmentalism has intervened. Therefore usable supply is not showing that it will be able ...or willing...to meet demand.

That is why speculators have already pushed the world to $69 per barrel.
28 posted on 04/12/2006 6:32:42 AM PDT by silverleaf (Fasten your seat belts- it's going to be a BUMPY ride.)
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To: johnandrhonda

I think you are missing the point.

WE, The USA, could be drilling, allowing US companies and US workers to profit from the oil.


32 posted on 04/12/2006 6:41:23 AM PDT by truemiester (If the U.S. should fail, a veil of darkness will come over the Earth for a thousand years)
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To: johnandrhonda
Oil is a worldwide commodity--doesn't matter where/who it comes from. If more oil is supplied from any source, the price worldwide will come down.

But if it comes from the US, it won't be sending dollars to foreign governments. Those taxes and royalties will go to our domestic treasuries.

38 posted on 04/12/2006 7:09:35 AM PDT by thackney (life is fragile, handle with prayer)
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