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Title: We Can't Drill Our Way Out of High Gas Prices
Source: AOL news
URL Source: http://www.aolnews.com/2011/03/09/o ... ur-way-out-of-high-gas-prices/
Published: Mar 9, 2011
Author: Roland Hwang
Post Date: 2011-03-09 22:29:29 by go65
Keywords: None
Views: 17127
Comments: 25

As the price of oil soars above $100 a barrel, Americans are experiencing sticker shock at the pump and economists are concerned about our fledgling economic recovery. Solutions exist that can get us off the oil market roller coaster, but they won't be found in more domestic oil fields.

No matter how vocal the drilling supporters become, they still won't be able to address America's acute vulnerability to the whims of the global oil market.

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Begin Trace Mode for Comment # 22.

#10. To: go65 (#0)

No, but you sure as hell can build more refineries. That's the bottleneck problem.

Rudgear  posted on  2011-03-10   0:10:57 ET  Reply   Untrace   Trace   Private Reply  


#22. To: Rudgear (#10)

No, but you sure as hell can build more refineries. That's the bottleneck problem.

The only way you get more refineries built is if the government builds and operates them. The "for-profit" energy companies don't invest in building new refineries because it hurts profits. Instead they've simply expanded capacity at existing refineries.

go65  posted on  2011-03-10   9:45:39 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 22.

#25. To: go65 (#22)

he only way you get more refineries built is if the government builds and operates them. The "for-profit" energy companies don't invest in building new refineries because it hurts profits. Instead they've simply expanded capacity at existing refineries.

Plus they tend over take up all the good beach/waterfront properties. With docks running hundreds of yards out to sea in order to offload the tankers, and every inch of remaining bare land paved over. Then they get complaints from the wealthy, mainly Republican voting neighbors who paid big bucks for theirs that they ruined the view and polluted the water.

Rek  posted on  2011-03-10 10:18:33 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 22.

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