Quote:
Originally Posted by DGthe3
oil will hit $864/barrel at some point as well. That article was written at a time when the price of oil was extremely low. Now it is somewhat high, accounting for inflation.
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The price has
more than doubled in 2 years... the price is way too high.
gas was less than $1.00 per gallon in 1998 in the summer. That was low. Layoffs in the oil fields in west Texas, half of the town unemployed and moved away. 2003 gas was $1.50 per gallon, some of the jobs were coming back. 2005 Before Katrina , gas was still under $2.00 and a year after Katrina (2006) it was back down to $2.00. Now, at $4.30 it is adversely affecting our economy, unless you are an oil executive.
We need to drill: off the coast, in ANWAR, in the courtyard of the Pentagon, on the Whitehouse back yard... We also need to build the refineries, close to the source... where ever that is. We need to start getting a military discount on all oil produced in Iraq AND Kuwait, since we saved it all from Hussein.
Nuclear, wind, solar, e-85, hydrogen etc should all be a top priority for the
future, and should be researched and invested in / tested ASAP.
But in the mean time. DRILL HERE, DRILL NOW.