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The New DU. Reply #5: The oil doesn't go directly to us
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angryfirelord
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Wed Oct-21-09 06:58 PM
Response to Reply #4 |
| 5. The oil doesn't go directly to us |
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That's the main problem with the "drill drill drill" chant is that even if we did open up all offshore drilling and ANWR, the price of oil is a global commodity. If we were able to extract oil tomorrow, there's certainly not enough to make any kind of significant dent in the price of oil.
Although if push comes to shove, I would rather see offshore drilling compared to trying to get oil out of tar sands and shale.
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