" ... an executive order to drill in Anwar and everywhere else we have proven oil reserves. He should also provide for new refineries and nuclear power plants in order to limit our dependence on oil being sold by people who hate our country, who openly support our enemies and who want to see us converted, enslaved to Islam or dead. .."
All of which requires an even higher price for oil than we have now. The companies who do those things are just now recovering to profitability from the years of $12/bbl in the not-so-distant past.
They need profits for reinvestment in order to go forward.
Which oil companies posted a quarterly loss in the last 20 years?????