How about we just drill our own and refine our own right here in the USA.
Plenty of it and our COSTS for doing so should not be dictated by SPECULATORS, but by actual costs.
I think it is absolute BS that a barrel of oil, a necessity, is controlled by spot market manipulators.
I don;t recall having these types of problems back in the Sixties when the oil and gas industry was REGULATED.
Seems like the wild swings didn't exist. I know that prices will naturally need to have increased but I think when you go form 35 cents per gallon of gas to around $225 per gallon, that is a significant increase, much less this current pricing we are seeing.
Let's bring this spot market pricing DOWN by opening up our potential and stipulating it is for American use. I would be willing to bet that the price of oil on the CME will plummet below $70 per barrel.
I also think the EPA stranglehold on gasoline BLENDS needs to end and right now.
It is BS for some portions of the country to have a lot of additives blended into the gasoline, costing much more that those gasolines that do not.
When its summertime, it's going to get hot. That is nature. Nature has a way of churning up storms and winds to blow away and clean up the air all on its own. It has been doing it since the earth came to be.
Anyway, just my two cent ramble for the morning.
Have a great day all!
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