We import oil from a lot farther away from the US than Alaska. That distance isn’t keeping anyone from investing.
The distance hasn’t changed from before ACES went into effect.
Why is it cheaper to buy footballs (or whatever) from China than to have them made in the USA?
US imports many things from far-off because of cheaper markets.
We are talking here about *domestic product*.
With the economic crisis in America the market gets smaller and more competitive. Yet because of ACES the State tax income floats up and down with the income of Big Oil. That allows for investment like I showed you in post 185, in the coming years. Otherwise you would have real big trouble.
But your problem is you think you can ignore the current economic crisis as meaningless. It is a bit remarkable because the only others wanting to do that are Democrats. Keep up your MSM misinformation campaign and you will help Obama succeed to a second term - and then you think that continued bad economy is NOT going to effect the oil industry too?
Good Luck.