US oil

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Full Quiver
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US oil

Postby Full Quiver » June 21st, 2008, 3:15 pm

Let's say that Clinton did allow for drilling in ANWAR back in the 1990's and the oil was ready for sell today. Who would we sell it too? JAPAN? ISn't that where most of the Alaskan oil goes now?

Would this 200 year supply actually go to supply the US at a lower than market price or would the govt. see to it that it is sold at market price to another nation?

I am all for drilling in Alaska and where ever else we have oil but do we really believe it will help American's save money? We conservatives say we are for capitalism and then we say oh let's drill in America so we can get discounted oil.

If the Chinese can drill 60 miles off the coast of Florida, in international waters, then why can't a US firm (non-govt.) do the same? International waters are out of the realm of US environmental restrictions so private companies should be jumping at the chance to drill in such areas.
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