[mplsconservative]

Kay Bailey Hutchinson was on with Rush today and is pushing for domestic drilling. Recently there was a huge find of oil in North Dakota. With new technology, something called horizontal drilling (?) the fields could be up and running in 2 years.

That is, if the Democrats will allow it. Wouldn’t fit their game plan, though.

[rintense]

The economic ramifications of $5 gas will be staggering. It will have a domino effect. Just look at how diesel prices are now forcing truckers to stop running routes. If products can't get to their destination (mainly food), the prices go higher and the supply goes down, etc.

The high price of gas will touching everything in our lives. Not a single person will go untouched by it.

As I said on another thread, gas above $4 will bring John Edwards 'two Americas' to life. Gas over $5, and this country will be divided into the haves and have nots. Gas over $7, God help us all. If I trusted Americans would act rational, it would be different. But Katrina proved to me that people resort to their most feral states to survive- and are willing to kill to do it.

[Harrius Magnus]

Nevertheless, the psychological benefit of a renewed commitment to domestic supplies would be felt right away in the market >>> price.