Price of Gas Affecting You, Too?

[Pythonfriend]

You don't seem to understand oil economy. We pay high gas prices because even though we're producing more oil than ever, we don't directly reap the benefits of that production. It has nothing to do with one political party vs. another, it's all about the oil companies who own the land and equipment. Instead of selling it here in America they ship it overseas, and in turn you and I have to buy mostly imported oil.

if by "we" you mean the USA, thats not true.





its not looking much better for other states of the USA, as a whole USA reached peak production in 1970:




globally, production is quite stagnant, after it has histrically exhibited exponential growth its now a kind of plateau. The USA is buying more and more and more oil, since 1970. If climate change wont encourage people to decrease consumption, these facts will.


EDIT: "I'm gonna have to disagree with that. It's all about the EPA and restrictions. The oil spill in the Gulf of Mexico could have been avoided if they didn't have to drill over a mile deep. In shallower water, they could have capped it off quicker and easier, in the event of a spill. "

they have to go deep, because the oil in shallower waters is already gone, this has been pumped up in the 70s and 80s. The EPA is powerless, the USA does not protect the environment.