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To: Trumpinator
No one is asking for a subsidy for domestic oil.

This isn't farming.

I'm just saying that if we use our own, our economy does well.

If we use theirs, we fund terrorism.

They may be selling it cheaply, but they are messing up their economy doing it and hoping they can outlast us (and the Russians).

For us, though, sometimes a lower price means a higher cost.

Where is the big economic boon from cheaper gasoline?

Gross domestic product expanded at a glacial 0.7% annual rate in the fourth quarter, down from gains of 2% in Q3 and 3.9% in Q2, the Commerce Department said Friday.

from U.S. Economy Ran Out Of Gas In Q4; Will Consumers Spend In 2016?

It doesn't seem to be present. US oil drilling dropped off by roughly 70% from 4th quarter 2014 to 4th quarter 2015. Maybe that had a ripple effect that helped cause the slump.

356 posted on 02/01/2016 8:50:03 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Smokin' Joe
I'm just saying that if we use our own, our economy does well. If we use theirs, we fund terrorism.

-----

I agree - but to use our own oil without subsidies is hard when oil is cheap. Maybe technology will make it cheaper to extract in the states.

357 posted on 02/01/2016 9:00:43 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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