We import 12 million barrels a day, and at current prices send out of the country more than $1.5 billion.
ANWR would cut that by 150 million a day. Colorado could cut that another 150 million and offshore drilling on both coasts another 300 million. That’s $600 million in trade deficit wiped out each day, or $18 billion a month.
Of course, if we actually provided another 4 million barrels a day, oil would be under 50 bucks, which would mean we’d only be spending 8*50=400 millon a day instead of 1.5 billion.
But as you say, it’s like the democrats are paid by Hugo Chavez to keep us dependent on him for oil.
Not to mention the thousands of high paying jobs that would be created.
And you didn’t even include the new discovery of som 600 billion barrels of oil under North Dakota...
And you didn’t even include the new discovery of some 600 billion barrels of oil under North Dakota...
It's not just DemocRats causing the problems.
Have you seen any Republican do anything to change the situation, like naming names of DemocRat obstructionists or specific pieces of DemocRat legislation that block drilling or refining, or say anything beyond the same old tired phrases the 'Pubbies have used since the mid 70's about how we need to ween ourselves off foriegn oil? I haven't and I've been paying attention to this stuff since the Arab oil embargo of the mid 70's. All I hear coming from Republicans is lip service. The same old tired BS with no action. Meanwhile, I'm paying over $4.20/gallon for diesel I paid $3.00/gallon for just a year ago, while at the same time we have billions of barrels of domestic oil that our Congress, both sides, are blocking. This situation was created almost entirely by Congress, both sides of the ever blurring aisle.
It seems to me that if the 'Pubbies were truly serious about domestic oil production (and refining) they would be naming names, specific legislation and specific acts committed by the DemocRats to block domestic oil production. If there were ever a time to beat the DemocRats about the head with their miserable oil policies, it is right now. What do we hear out of the 'Pubbies? The same old crap we heard in 1978.
In human endeavors, when the facts don't add up, follow the money.....my guess is there is huge amounts of it being spread around by lobbyists on Capital Hill.....