Fact Check: The more we drill, the less we pay? The facts say no.
March 21, 2012 at 7:00 pm in The Dickinson Press
WASHINGTON (AP) It’s the political cure-all for high gas prices: Drill here, drill now. But more U.S. drilling has not changed how deeply the gas pump drills into your wallet, math and history show. Continue Reading
OK. Then this can mean only one thing: we should drill less … and then we’ll pay less.
Thus is the implied logic of propaganda.
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Actually, I think the point is that the oil market isn’t based on production or supply, but speculation, so it doesn’t matter how much oil we have or can have, it matters what some idiots on Wall Street think the price should be.
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