Even if the US started drilling tomorrow it'd be ten years or more before any of that oil would be getting into refineries that are backed up now as it is. We need to also build new refineries and that takes ten years without the EPA even being involved. You throw in the EPA and it's even further out in years. The US could have been self sufficient in oil right after Carter and the OPEC oil ban to the US. I wasn't born then but I sure read about the long gas lines and every other day for gas. It's going to come back under Obama.
Please watch the video.
Watch the video. It just aired in Ga for the run up to Super Tuesday.
Oil prices are not set by today’s supply, they are set by the futures market and what the hucksters think they can pump the price up to.
If the oil traders think Opec will shortly have more competition than they can handle, oil prices will tumble. Look how long it took Obama and the Green movement to more than double the price of gas. His STATED intention is to bring US gas prices in line with European gas prices.
Seriously, watch the video, this IS the man we conservatives have been waiting for.