Damn right, instead it was all about limiting our ability to produce and refine.
As for my family, we use about 45 gallons a week between a full size truck and a minivan. Right now gas is about $1 less per gallon - so that’s about an extra $180/month ($2,160 year) in our pocket.
“so that’s about an extra $180/month ($2,160 year) in our pocket.”
For the annual Christmas trip to Florida in the RV, my cost will be HALF of what it was last year, leaving money for more gifts, eating out, movies, etc.
Unfortunately, we are a CONSUMER-driven economy, thanks to the 30 years of liberal-caused destruction of our manufacturing base.
And, what happens to that extra cash? Consumer spending. It's a plus for the entire economy.
The shale oil producers have done a great job of leveling the playing field and bringing us closer to energy independence. Prices will stabilize at fair market... they should have realized that.