[dead]

Extracting more oil wouldn’t bring down gas prices, no matter how much Limbaugh and his friends want it to

This man displays a stunning ignorance of the simplest principle in economics - the law of supply and demand.

Of course, he wouldn't know anything about that, since he operates in an imaginary industry where those things are rendered obsolete by a steady influx of money stolen from the taxpayers.

[NRA1995]

Extracting more oil wouldn’t bring down gas prices, no matter how much Limbaugh and his friends want it to

Standard liberal canard, and like most liberal canards, totally false

[BikerJoe]

Extracting more oil wouldn’t bring down gas prices, no matter how much Limbaugh and his friends want it to

This man displays a stunning ignorance of the simplest principle in economics - the law of supply and demand.

Nah, I used to be a "Drill, Baby, Drill!" kinda guy myself, but if it's all going on the global market, what's in it for us? If we drill all-out, the price will come down and the producers will reduce production since the price is dropping. And how much WILL the price come down, if we're increasing supply by what? 5 percent? 10 percent? The big shale gas boom is already slowing because of dropping natural gas prices.

Don't forget the other simple principle in economics...price equilibrium. Although I wish it were, it's probably not at 25 cents/gallon.