The claim the oil companies are deliberately not drilling their leases where there is oil is one of the dumbest things I’ve ever heard from the stupid party. I guess they believe it really is a P.T. Barnum country. A sucker born every minute.
Their henchmen in the NEA have devoted the last forty years to seeing to it. The attack on learning by the education industry has not been accidental, nor has it been uncoordinated with other assaults on the infrastucture of the body politic.
Oil companies spend more on taxes than on oil supply development
Weekly Supply Estimates (Stocks in Thousand Barrels, All Other Volumes in Thousand Barrels per Day)
Check Percent Operable Utilization. It appears we are near the average after viewing the history. Scroll down to gasoline imports. If we were pumping new oil, I don't think we can refine much more of it. We haven't built a new refinery in over 30 years.