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Pelosi: Having More Oil Won't Lower Oil Prices
Pundit Press ^
| 4/26/11
| Aurelius
Posted on 04/26/2011 12:15:14 PM PDT by rightistight
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To: Peter from Rutland
You forget that they are speculating on the instability of the Mideast. If the US provided a large portion of it’s own energy, say 90% instead of 45%, then the speculators would care less about what is happening in the Mideast as the value of their oil would be less.
61
posted on
04/26/2011 2:19:52 PM PDT
by
Blood of Tyrants
(Islam is the religion of Satan and Mohammed was his minion.)
To: rightistight
Removing some of the stupid regs, and allowing NEW refineries to be built would.
62
posted on
04/26/2011 2:48:41 PM PDT
by
GailA
(2012 rally cry DEMOCRATS and RINOS are BAD for the USA!)
To: thackney
Which is why I’m in USD and not oil. USD is hitting some historical lows.
63
posted on
04/26/2011 4:07:19 PM PDT
by
BenKenobi
(Replied Henny Penny, "The sky is falling, and we must go to tell the king.")
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