***** “ That’s all well and good...but I’ll be happier when we stop importing oil AND the price of gasoline goes way down! “ *****
That ain’t gonna happen, the FED Tax and the cost of getting the Raw Product (via Alphabet Govt agencies) and the restrictions on the Refineries from same Alphabet Govt Agencies insure High Pump Prices.
TT
Do you understand that the reason our domestic production is climbing is the relatively high price of oil (and therefor gasoline)?
If that price drops significantly, so will our domestic drilling. Those tight formations like shale are not cheap like the easy wells of the past.
Filled up tonight at my local station in TEXAS at a cost of $.10 more per gallon than last week. Fortunately I live in the suburbs because I noticed it’s up by $.25 a gallon in the city. I remember paying only $.25 a gallon total - just doesn’t seem possible.