Quote:
Originally Posted by goinbroke2
Drill baby drill!
"if the US does all this drilling it won't make a discernable difference in the price" I forget which democrat said this but they all believed it. Funny how the truth always comes out eventually.
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I can tell you first hand what drilling will do because my family had drilling rigs for over 40 years.In 1980 oil peaked at $35.00 a barrel and after six years of the drilling oil boom the price of oil in 1986 was under $10.00 per barrel.American oil drillers went broke and look what OPEC did to our *** years later in 2008 with a barrel of oil at $147.00 per barrel.Will history repeat it self once again?