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Old 10-17-2012, 08:58 AM
BwanaBob BwanaBob is offline
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Join Date: Feb 2003
Location: Maryland
Posts: 3,785
Unless the goverment is going to put forth a bill that any oil extracted in US territory can only be processed in US refineries for US consumption, then any calls for "drill baby drill" and the like are stupid. Oil is currently fungible and is sold to the highest bidder. We could have 800 billion barrels of oil reserves ready to go and still we wouldn't be "energy independent". Not under the current rules and regulations.

I wish someone from the press would jump up and point this out anytime any politician mentions the term "energy independence".