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So you believe that shooting the oil company CEOs would improve the oil industry and reduce cost?  Explain how?




There have been a couple of past investigations. In all cases, nothing was found.   Market trading would be impossible to end.  You can't go to every single country in the world and demand they stop market trading.


 


According to the US geological survey, with current known oil reserves in the US, we could easily be free of imported oil for 57 years (or more).   Also, there is nothing to indicate oil in a finite resource (other than conventional wisdom.  It must be true because everyone says it must be true).   Private citizen land owners are drilling on their own property and selling crude oil.  It can be done, it's just a matter of doing it.


So your theory is, that drilling and pumping more oil will not increase the supply and reduce the price of crude oil?  Or that since it will take a few years to get the wells dug and oil flowing, that we just... shouldn't?




So your claim is that somehow by increase the unconstitutional CAFE standard by 3 MPG, something which hasn't helped oil prices in the past, won't be implemented for 5 to 10 years, and is completely ignored by many auto manufactures, will somehow reduce oil prices now, even though it hasn't in any other country in the world?  Explain this.




The oil market is a free market.  Anyone in the world can produce oil and sell it.  That system has not failed.  What has failed is our oil industry to produce domestic oil.  The reason our oil industry has failed to produce oil, is because of our government preventing the building of refineries, and preventing exploration, and preventing drilling.   The failure is ours.   Not the free market.


So your theory is that socializing the oil industry will work when it hasn't in Venezuela, Mexico, and every other country in which it has been tried, and has resulted in high prices for oil in each case?  Explain why.


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