The dollar is falling. No amount of drilling can compete with the spendfest in Washington and elsewhere. Cut the spending, you'll cut the free fall.
I'm not saying ‘don't drill’ - drill as much as you can, get off the dependence on foreign oil, stop feeding those who want to kill us. But if your goal is to lower the price per gallon of gasoline, drilling won't do it. There's no lack of supply right now, just a lack of common sense in Washington.
You be correct, I have been telling this to people for a long time. Your Money is being Stolen right before your eyes, the fraudsters call it inflation.
Drill Baby Drill? We can’t do just that alone we’ve got to make sure what we drill stays here. Any excess crude production will be bought up by the Chinese and if they can’t use it now they will store it as an investment.