We put in 100% and take out 100% it's a wash. On Wed, Sep 10, 2008 at 4:30 PM, Zaphod Beeblebrox <[EMAIL PROTECTED]> wrote: > can someone explain to me how drilling for oil will ease our > dependence on foreign oil? As far as I know, we buy our oil on the > open market. The private companies that will be drilling/refining the > oil will be selling it on the open market. If anything, it may drop > the price of oil lower, but then OPEC would just cut production back > to maintain the prices. > > So, beyond the U.S. making oil a state controlled entity, how will > this diminish our dependence? >
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