Drilling for oil now ??

MC CAIN YESTERDAY SAID we should be drilling for oil now of course he didn't say what we are going to do with later ,


send it to japan or iraq for refining it ?? because the oil companies did not build any refineries here in the usa.


because it does cost money to do so what a bunch of crap this man is spreading aroundDrilling for oil now ??
Adding more crude oil to the international market will help everybody involved. Meaning, the prices will drop globally because there is more supply.Drilling for oil now ??
It isn't our refining capacity that's driving up the gas prices. Although we do need more refineries and need to update/repair our current sites.





It's the speculation that the amount of light sweet crude oil (the preferred oil because it's lighter, costs less to transport and is easier to refine) currently available for refining cannot satisfy the current world demand (partially our fault for sending so many jobs overseas).





Just by opening the offshore areas and/or ANWR to drilling would immediately drop prices. Oil prices are ';speculated'; on how much oil there is available for drilling, how much is demanded and how soon the available supply will run out. Opening these areas would increase the future amount available and drive prices down.





Remember what really started driving the prices up? The N.O. hurricane and the damage it caused, then tensions in the middle east that threatened the ';availability'; of the oil, then tensions in South America (Venezuela's president took over the oil fields and kicked out free trade) that also threatened oil availability from that region and tensions in Africa (not our fault) that threatened that supply line.





So, McCain isn't spreading crap around. He's just looking for a feasible answer to our current problems. We can't really fix the Middle East, Africa or South America, but we can rely on ourselves, start tapping into our own resources and move on from there.