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Guitar Virtuoso Julian Bream: William Walton's Bagatelle No. 5

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Targetpractice1/27/2014 10:03:56 am PST

re: #478 b_sharp

The US is producing more oil now than before Obama.

To drop gas prices, oil prices would need to be reduced. If oil prices reduce substantially, oil production, especially in non-traditional oil extraction fields will also be reduced. States doing well because of oil extraction will suffer.

Why does she hate North Dakota?

Most of these morons who think that “Moar drilling = lower prices” have spent years being sold that bullshit by the people who profit the most from the “moar drilling.” Reality is that so many of the wells that came online in recent years did so because the high price of oil made pumping them profitable. If you lower the price of oil, then those wells get shut down and capped until the price goes up and they become profitable again.