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The Water Cooler
General Discussion
Government Forcing Gas Prices Up So We Go Green?
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<blockquote data-quote="SMS" data-source="post: 1481762" data-attributes="member: 42"><p>The best investments might be domestic...but if the administration doesn't allow us to open up new areas....they are worth nothing. And the culture of not allowing new exploration certainly affects speculation and prices, if not the direct supply. </p><p></p><p>Oklahoma isn't exactly 'new' exploration is it? We knew that oil was in the ground and it's only economical to go get it now because the price per barrel is going up right? Cushing isnt' new and doesn't add anything to the speculation equation does it?</p><p></p><p>To get back to the topic of the government forcing up prices....show me where the administration has encouraged new exploration or drilling, and significantly ramped up new production? The only thing we've seen if the halting of existing production.</p></blockquote><p></p>
[QUOTE="SMS, post: 1481762, member: 42"] The best investments might be domestic...but if the administration doesn't allow us to open up new areas....they are worth nothing. And the culture of not allowing new exploration certainly affects speculation and prices, if not the direct supply. Oklahoma isn't exactly 'new' exploration is it? We knew that oil was in the ground and it's only economical to go get it now because the price per barrel is going up right? Cushing isnt' new and doesn't add anything to the speculation equation does it? To get back to the topic of the government forcing up prices....show me where the administration has encouraged new exploration or drilling, and significantly ramped up new production? The only thing we've seen if the halting of existing production. [/QUOTE]
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