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To: gleeaikin
'Drill Baby Drill' would affect Oil prices immediately.

As would removing the blend laws and Ethanol subsidies, licensing some new refineries and dissolving the EPA.

Oil is hedged way into the future: a known change in supply in (say) 5 years affects prices right away.

A Conservative President and House can do this.

17 posted on 08/21/2011 12:19:28 AM PDT by agere_contra ("Debt is the foundation of destruction" : Sarah Palin.)
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To: agere_contra

But wouldn’t our oil go into the global market?


18 posted on 08/21/2011 1:05:51 AM PDT by berdie
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