OK, I totally agree with the above statement, we need to be free of the need for foreign oil. But what I dont get are the reasons told to us. Yes they can deny us oil and sell it elsewhere. But, doesnt OPEC etc set the price ( for the most part, I know our markets bear responsibility as well)? So what will stop them from setting the price at $500 a barrel? Even if we dont get it from them, our markets follow their pricing. If we use no foreign oil, will our market then set the price? Havent we learned that our Oil/Gas companies have NO morals when it comes to that? Will the government step in and say it must be so and so price? Wouldnt that be socialism and against the capitolist values?
I am not trying to start an arguement, just truly wondering how this would all work out.
I am not trying to start an arguement, just truly wondering how this would all work out.