Question:

How many of you have written your Congressperson lately?

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It appears that Russia is going to control all the oil in the world. In the USA we have billions of light crude oil just waiting to be drilled, only one small problem. The US Congress has made so many regulations over the last 30 years we cannot even use what we have. If they would pass a bill today to allow the oil companies to drill the price of oil would decrease dramatically. Our economy would grow over night. We could tell the rest of the world to eat their oil.

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  1. well:I Am thinking about writing to the " Government" whom would be

    United States of America  is my Country that represents all 50

    States also Washington , Districts Of Columibia  Answers

    Politics & Government  yes very important effort plus you

    should visit the Historical Presidential  Momuments !


  2. I have written my Senators and Representative several times in recent weeks, telling them to concentrate on getting rid of speculator leeches who are the real force behind distorted oil prices.

    The price of oil has fallen in a couple of weeks from $140 to $113.

    How does Russia figure into that price drop?

    How does domestic drilling figure into it?

    How does supply and demand apply at all?

    Answer: they don't. The reason for the price drop is that Congress has been making noises about cracking down on unregulated speculation, and the leeches are pulling out before they get caught.

    All of the "drll drill" chanting by the Big Oil toadies in Congress and the White House had ZERO to do with that, and ZILCH to do with why we are paying $3.65 instead of $4.05 here in my home town.

    ~~

    It makes sense to be energy independent, and obviously there shouldn't be useless restrictions on production. But I have severe doubts that a headlong rush toward off-shore or ANWR drilling is really necessary, just based on the insinuation that the oil men are using — that starting to drill tomorrow will somehow have a glorious effect on next week's price of gasoline. It won't, not for years, and here's the thing, down the road what is going to prevent Exxon from selling that oil on the world market, like they do already? Loyalty to the United States? Concern for the U.S. economy? These giant corporations are international players, they have no inherent loyalty to anything except the bottom line.

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