Is New Drilling Going To Happen?

[dieselbenz]

Originally Posted by contraption22

You honestly think the oil companies are going to prevent themselves from making more money?

Nope, they make more money by refining less. Its the sick sad truth.

[contraption22]

Originally Posted by bobski

If it's all the same as far as US jobs go, I'd rather buy (and see others buy) cars based on their merit, rather than red white and blue nationalist prejudice.

Im halfway with you. I would rather buy a car built by people who have jobs based on their merit, not because of some union-reinforced sense of entitlement.
Want to know the worst thing to happen to the US auto industry? The UAW.

[contraption22]

Originally Posted by tjts1

Nope, they make more money by refining less. Its the sick sad truth.

They still make the same percentage of a gallon of fuel that they have for years, despite increased crude prices from the middle east. Maybe if our enemies were not controlling the supply, and sharing it with other rapidly developing nations, they could have a bit more influence on the price.

[bowtieguy]

Originally Posted by tjts1

Nope, they make more money by refining less. Its the sick sad truth.

not doubting your post, but a reliable source that lacks the influence of the left is desirable.

also if oil IS nearing its peak, it stands to reason that the oil companies would want new drilling w/ new refineries near by. no?

just absorbing info here...

BTW, where's Bunger? maybe he could intervene.