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O’Reilly has been on this rant for years now. Bill believes that we still live in the age of Standard Oil and the complete control they held on the entire industry. Back in that day Standard had such control over the industry they could maintain an astronomical price of $0.10 to $0.20 and up to $1.00 a bbl at certain times, that boogie man is long gone.
I believe the answer to lowering the price of oil is for the United States to really become a player again. Speculators fear stability and free flowing oil and the United States has the oil what we don't have is a government willing to let it flow.
If an administration stated they were fast tracking the GOM, Alaska and various coastlines and Federal lands. Cutting regulations and legal challenges in half it would send a message to the world we were serious. I believe the price would drop by half overnight.

Developing crude supplies is really only half the battle, though. Without additional refining capacity, without the excessive regulation brought on by the enviro-whackos and various other assorted nut jobs in the bureaucracy and the media, we’ll never fully gain energy independence.
We have the technology to extract, transport and refine these resources safely and efficiently.
Plus, there is no Constitutional authority for the feds to be engaged in this business at ANY level.

If an administration stated they were fast tracking the GOM, Alaska and various coastlines and Federal lands. Cutting regulations and legal challenges in half it would send a message to the world we were serious. I believe the price would drop by half overnight.

...and the cost to get this started? Virtually N O T H I N G a news conference! So why isn’t it done you ask? The answer is simple, just like the one who’s desk has the sign “the buck stops here”. (No pun intended)