Quote:
Originally Posted by zimmy
Jim, I think you have some different information than I have ever seen. Independent analysis estimates opening anwr would drop prices up to 3 cents. The idea that we can have wealth like Norway from drilling is ridiculous. If that were true, I would line up behind drilling. we have a huge population and our potential oil production is much less. My wife's uncle is a recently retired Exxon engineer who's job was to locate oil reserves. we have discussed this issue in the past and he says that there is not nearly enough potential in our reserves to make much difference at all. What you are talking about is not even close to reality. I wish it were.
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Zimmy, if you genuinely believe that we'd still be paying $4.25 for gas if it came from the Dakotras instead of from Saudi Arabia, you might be beyond help. When gas last rove above $4.00 a gallon a few years ago, Bush announced that he was CONSIDERING tapping into our reserves, and prices dropped by 25 cenys immediately.
forget about a reduction in gas prices, which for some reason you can't see what I'm saying. Let's just focus on the fact that there's revenue to be had by tapping into the oil and selling it. It'll create jobs, which creates tax revenue. It'll also reduce our dependence on the Middle East. What's wrong with that? Why not do it?