MossRoad
Super Moderator
- Joined
- Aug 31, 2001
- Messages
- 60,567
- Location
- South Bend, Indiana (near)
- Tractor
- Power Trac PT425 2001 Model Year
Our own spigots? That's funny.And they are cutting back now without the additional capacity anyway. Because they know that we need it, we shut off our own spigots, and they can pick our pockets. Unlike when we were expanding domestic production just a few short years ago to where we became a net EXPORTER.
And we haven’t even gotten to the looting of the SPR…
The US does not produce any oil. It sells leases to private companies that sell it on the open market for profit. The US has not and never will be energy independent. Unless you are proposing a government takeover of the oil industry.
Here's a map of the world's largest state-owned oil companies. See the US there on the map. The US doesn't own any oil companies.
(click to enlarge)