View Single Post
  #13  
Old 08-02-2008, 08:17 AM
rck0025 rck0025 is offline
Hummer Veteran
 
Join Date: May 2008
Posts: 74
rck0025 is on a distinguished road
Default Re: General Motors posts $15.5-billion quarterly loss

[quote=Minuteman1636]Your right....

And actually, each of the big three oil companies stated they would have oil flowing within 3 years. The 20 year drama statement is a tool of the liberals to try and scare people away from supporting drilling. 20 years is absolutely false.


I'm done now......Sorry for that. No disrespect meant of implied toward anyone. Just voicing my two cents.[/QUOT

I don't think it would be possible for American oil companies to drill for light sweet crude and have the refining capacity to make a significant change in the price of gas 3 years from now -even if they started while I'm writing this. Even if they did, what would persuade them not to sell the barrels of oil to other nations for a profit? If you can point me in the direction of a study that suggests that new oil exploration, pumping, and refinement can be done at such a level that it would effect the domestic price of gas in three years, it would be greatly appreciated because I need to report such evidence to a congressional hearing.
Reply With Quote