Reply To: GAS PRICES

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#2102202
ujm
Participant

huju: You need updated lessons in energy geopolitics. Yes, American supplies of both oil and gas very much DO impact the spot pricing on the international markets. The U.S. now holds more recoverable oil reserves than Saudi Arabia and Russia. You are still steeped in the oil mindset of 10+ years ago. America, especially since fracking, has taken the markets by storm. And the more America produces (something Democrats are keen on keeping America down on), the lower international prices will be.

Time to drill in Alaska’s ANWR arctic. And build Keystone. As Republicans attempted to accomplish well over a decade ago (ANWR multiple decades ago), but faced Democrat impediments.