Why don't we drill our own oil?CO
We are getting raped at the pump and oil companies are due to release earnings which are projected to be records...of course
Given our economy and lack of jobs specifically...
Why don't we drill more of our own oil?. If we were to subsidize imported oil with our own even driving the price back down to ~$2.50 a gallon while hiring thousands to work for this operation...it would spike our GDP (think of the multipliers)
Furthermore, the profits realized, aside from alleviating some of our debt issues, could subsidize the green movement and invest in alternative power.
Seems like a no-brainer to me. Why don't we do this?