I never said the government should open a refinery. I said the government should get out of the way and let oil companies build refineries.
As for OPEC..there are a few "allies" (if that's what you would call them) like Saudi Arabia, Kuwait, Iraq (because we invaded them), the United Arab Emirates...etc.
But they are all run by dictators and Kings. The people of those countries don't like us one bit and you know it. I have two family members who served in Iraq and were based out of Kuwait.
Trust me...they don't like us (and yeah, it's our own fault...but it is what it is).
It doesn't matter. You have made up your mind. There is no hope for oil prices. Recent advances in technology that have discovered huge new oil finds in the U.S. are irrelevant to you. And we are still in the past and have to depend on Opec forever.
I, on the other hand...would like to see what happens if we actually DID go and get these huge new oil finds right here in the U.S.
And if we did go after the giant natural gas deposits that have recently been found as well. (maybe convert our cars to natural gas for instance)
I am of the impression that those two things would be a huge one-two punch that would take OPEC out of the equation and force them to lower prices to be competitive.
It's just my thought after looking at things.
But to just ignore all these new finds is a bad idea.
I believe that these new discoveries are the key to an economic resurgence in this country.
It's just my thoughts on the matter. Nothing more, nothing less.
