I've not seen anything that would support your premise that developing more domestic crude oil production would lower gas prices at the pump.
Do you think a barrel of crude pumped out of the ground in Texas will be sold on the futures market for less than the currently trading spot price??? That is foolish to believe. A barrel of oil that comes out of Texas will cost just as much as that same barrel if it came from Canada, Mexico or Venezuela, assuming it's the same grade. The U.S. company that produced it will still sell it to the highest bidder at the highest contract price that it can get, it's called capitalism. Unless of course you plan on nationalizing the all of the domestic oil producing companies and mandating that oil cannot be sold for more than $20 a barrel.
Just a wee bit communist to me there comrade. You also assume that the Exxon's and Chevron's are motivated to make their products as cheap as possible. That would be like DeBeer's flooding the world diamond market. They don't, they control production and distribution and only let enough diamonds on the market to keep their profits up.
“At least he might, where the two Democrats will never.”
Naw, they’ve probably already seen the light. They just won’t do anything because environmental protection is the new smokescreen big government RATs like Hitlery and Obama are hiding behind while they expand the government to deal with the “problem”.
Right you are!...both McCain AND Gingrich have been bitten by the terminal ‘green bug’...go figure! and I used to think at least of the two, Gingrich had a brain, AND understood history. To make that jump, he leapfrogged Nader to the left! that’s quite a stride....
Gas prices...Walmart, Apollo Beach, FL $3.21...20 cents a cup!