Thursday, February 23, 2012

Drill Here. Drill Now. Help The Oil Companies Make More.

With gas prices rising, there's going to be a lot of talk about why they're going up. Remember last time this happened, Republicans had all the solutions and the cute little sayings to go with them.

From 2008...




 And so...
The United States' rapidly declining crude oil supply has made a stunning about-face, shredding federal oil projections and putting energy independence in sight of some analyst forecasts.

After declining to levels not seen since the 1940s, U.S. crude production began rising again in 2009. Drilling rigs have rushed into the nation's oil fields, suggesting a surge in domestic crude is on the horizon.

The number of rigs in U.S. oil fields has more than quad­rupled in the past three years to 1,272, according to the Baker Hughes rig count. Including those in natural gas fields, the United States now has more rigs at work than the entire rest of the world.
And still, prices are going up.

Hmmm. Just another great idea from the political party that is chock full of them...if you're an oil company.



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