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Reply #15: How many times does it need to be said...the US does not own the oil. [View All]

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Curmudgeoness Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-15-11 03:20 PM
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15. How many times does it need to be said...the US does not own the oil.
We allow drillers to take the oil, and then they sell it on the OPEN GLOBAL MARKET. I cannot believe that someone who is as smart as Obama cannot grasp this, or that he does not know that this is just a knee jerk reaction to a fear of losing the election if prices do not come down. So all I can figure is, the real powers-that-be have made a deal with Obama that if he allows them to drill, they will bring down the price at the pump. They drive the price with speculation, and can do something about it if they are motivated to do so.
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