JustinDeeMan
Member
- Joined
- Jul 15, 2009
- Messages
- 96
- Reaction score
- 12
- Location
- Detroit, MI
- Gender
- Male
- Political Leaning
- Very Conservative
[quote
You don't understand the issue. Several posts have detailed just how our reliance on oil supports national diametrically opposed to the US. Furthermore, other threads have discussed how drastically reducing US demand will essentially rip out the hearts of those economies, likely replacing them with US friendly regimes. Furthermore, your sheer ignorance as to how commodity markets work is obvious. Merely drilling more in the US does not equate to changing who has the power in the global exchange markets. US oil will be priced at the same level and the US simply lacks the capacity to ramp up production to change total supply in any meaningful way. Nor can the US do so in a way that is cheap enough to change the base line commodity prices. Shale oil is not $2 cost per barrel LSC out of Saudi Arabia.
[/quote]
This is what I am talking about.
You don't understand the issue. Several posts have detailed just how our reliance on oil supports national diametrically opposed to the US. Furthermore, other threads have discussed how drastically reducing US demand will essentially rip out the hearts of those economies, likely replacing them with US friendly regimes. Furthermore, your sheer ignorance as to how commodity markets work is obvious. Merely drilling more in the US does not equate to changing who has the power in the global exchange markets. US oil will be priced at the same level and the US simply lacks the capacity to ramp up production to change total supply in any meaningful way. Nor can the US do so in a way that is cheap enough to change the base line commodity prices. Shale oil is not $2 cost per barrel LSC out of Saudi Arabia.
[/quote]
This is what I am talking about.