[TexasTransplant]

Long Live “The Republic of Texas”

TT

[Jim Robinson]

God bless Texas. Drill, baby, drill! And please continue arresting Obama’s fascist federal goons anytime they trespass on Texas sovereign soil.

[Iron Munro]

As soon as Obama finishes destroying America’s coal industry he will turn his attention to the troublesome oil producers who are undermining his strategies to keep America dependent on OPEC.

[rfreedom4u]

I’m sure Alaska could easily compete if the stupid feds would open the land to drilling.

[SkyDancer]

And gas in the US is $4.00 a gallon?

[DaGman]

I drove through Three Rivers today, gas is the same price as San Antonio and New Braunfels. Filled up in Corpus where the refineries are, no difference.

Drill baby drill doesn’t do a damn thing for our prices.

[Laurent.w]

Now, OPEC is earning at least 4 times more money than in the 90s. Outside the Middle East, new drillings are arround 10 times more expensive than drillings in the Middle East. Christopher Helman, Forbes Staff : "Despite the enormous growth in the U.S., the costs of getting that oil out are growing at unprecedented rates. Bernstein figures that the cost of producing the last barrel rose from $89 in 2011 to $114 in 2012 The IEA estimates it costs between $4 and $6 to produce each barrel of oil from the conventional fields in Saudi Arabia and Iraq, including capital expenditures. Algerian, Iranian, Libyan, and Qatari fields cost slightly more, at about $10 to $15 per barrel.