Government

U.S. oil to offset U.S. gas prices?

16 Comments 28 October 2010

Over  the past 6 years, we have seen gas prices dip below $2.00 and  top the $4.00  mark.  It is well known that the majority  U.S. oil is foreign.

According to the U.S. Energy Information Administration, only 38% of the U.S. crude oil supply came from U.S. production in 2009.  However, this was an increase over the past 4 years.  Yet and still gas prices get higher and higher.  It makes you wonder if  demand really matters with oil or if we are just to be screwed by big oil conglomerates.


Let me hear your thoughts.

Should we drill U.S. oil to offset gas prices?

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