
Originally Posted by
Rucker61
Good point, and it's all based on the price of oil. It has to stay above $75 a barrel, apparently, to make US oil drilling economically feasible. Once it falls below that, cheap Mideast oil is our best bet. What's better for America, producing more of the imports we need at $75+ with the resulting higher gas prices but higher employment, or importing cheap oil with cheaper gas but producing less ourselves with loss of oil industry jobs?
Also, is anyone still willing to have a dilbit pipeline run across their back yard now?