Quote:
Originally Posted by rcooled
I'm just thinking out loud here but could part of this "Don't Drill Here" policy be aimed at future domination of the world's energy markets? The plan being to drink the current big oil suppliers dry then crack open the ANWR, oil shale and continental shelf supplies and emerge as the world's oil powerhouse. This scenario would also have the secondary effect of crippling the economies of those troublesome Middle East countries and effectively knock them back to the stone age. If true, this policy seems to be very risky in that it'll push this country dangerously close to economic collapse before it pays off.
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So, if we were to eventually have a monopoly on oil reserves and the rest of the world were begging us for it, how would that make the price lower? Why would any domestic producer sell it here for less than the Chicomms or Indians are willing to pay for it?