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Originally Posted by coollikeme  on other countries for oil in anyway shape or form. This has nothing to do with supply and demand. Let me make this simple (WE WOULD NOT BE IN Iraq TODAY IF WE DRILLED ARE OWN OIL). I don't care if the oil companies make money from oil, because if they don't someone else will. I would rather have the oil companies control the oil before the Government. Government control of anything is dangerous. Let the free markets roll, to any form of Government say HELL NO!!!!!! |
We do drill our own oil. Most of our oil, like 60-80%, comes from North America. But oil is a commodity traded in the world market. So it doesn't really matter where it comes from. A barrel of oil from the US costs as much as a barrel of oil from Saudi Arabia.