The US, technically, doesn't need the oil that comes through the Straits of Hormuz.
That means that it's someone else that needs that waterway open.
And several of the nations who NEED that oil are refusing to help keep it open.
It'd be funny as fuck if we decided to just keep all that oil for ourselves since we're the ones keeping the shipping lane open and used it to lower domestic oil prices and just mailed copies of "The Little Red Hen" to everyone.
You are a guest here when you comment. This is my soapbox, not yours. Be polite. Inappropriate comments will be deleted without mention. Amnesty period is expired.
Do not go off on a tangent, stay with the topic of the post. If I can't tell what your point is in the first couple of sentences I'm flushing it.
If you're trying to comment anonymously: You can't. Log into your Google account.
If you can't comprehend this, don't comment; because I'm going to moderate and mock you for wasting your time.
since we are drilling and producing more oil then ever before (or so they tell us), there's no reason our gas prices should have gone up to begin with...panzer guy
ReplyDeletePrices at the pump are up because prices at the commodities brokers are up. Stock speculation and people in affected areas bidding more for futures affect our market.
DeleteWhat I'm proposing is not even letting them bid.
Price at the pump reflects replacement cost, not current cost. Remember the price increase in ammo was driven the same way.
Delete