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To: Reaganite Republican

Production goes up > prices go down > millions more people in China and India can buy gas > demand goes up > prices go up.

And how does Newt plan to prevent OPEC from regulating production to keep price where they want them?

I am in favor of increased production for economic security reasons. But it is foolish to think a US president can control the price of global commodities - there are too many factors beyond his control. This is political pandering.


3 posted on 02/14/2012 5:49:45 AM PST by Harlan1196
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To: Harlan1196
And how does Newt plan to prevent OPEC from regulating production to keep price where they want them?

If we would take advantage of the resources we have in this country, we wouldn't need anything from OPEC, and their demand would go down--plus we could actually export our own oil and gas.

6 posted on 02/14/2012 6:01:47 AM PST by ShadowAce (Linux -- The Ultimate Windows Service Pack)
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To: Harlan1196
And how does Newt plan to prevent OPEC from regulating production to keep price where they want them?

Abolish the EPA?
7 posted on 02/14/2012 6:07:11 AM PST by mmichaels1970
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To: Harlan1196

Remember Nixon’s and Carter’s Idea of Price freezes ?


11 posted on 02/14/2012 6:11:57 AM PST by American Constitutionalist (The fool has said in his heart, " there is no GOD " ..)
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To: Harlan1196
And how does Newt plan to prevent OPEC from regulating production to keep price where they want them?

When we produce as much oil as OPEC.

42 posted on 02/14/2012 8:00:51 AM PST by painter (Rebuild The America We love!)
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