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mjshira mjshira is offline
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Join Date: Mar 2002
Location: La Jolla, CA
Posts: 4,368
At what price will Americans be ready to drill for oil in this country?

According to Bloomberg today, China is now drilling for and looking for more oil. We know they are locking up relationships with future oil producers. My question for you guys, at what point in price will we drill for oil in the US? We know we can get our oil without damage to the environment, we know we have lots of it, our friends in Mexico and Canada are getting oil to market (selling most of it to us...).

So why won't we do this? More jobs for Americans, lower prices, etc.

I know why, I know it is due in large measure to two issues: regulatory and tax burdens that drive exploration outside the US & liberal policy makers who want to force us out of our cars.

What do you guys think? If gas is 10 bucks a gallon, we will turn our American 'can do' attitude toward getting our own oil?
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James Shira R Gruppe # 271
1972 911 Coupe 3.8 RS ‘nbr two’
1972 911 Coupe 3.2 TwinPlug MFI 'Tangerina-Jolie'
1955 356 Pre A Coupe ‘old red’
1956 356A Emory speedster build in progress
Old 05-21-2008, 07:28 PM
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