Quote Originally Posted by Vteckidd View Post
Oh and FYI, Oreilley has been reporting ALL THIS WEEK AND LAST WEEK about how its not really Obamas problem, its the oil companies selling their oil overseas. Even if we drill more, all the oil companies will do is send the product overseas where the chinese are paying for it.

The way we bring down prices is force them to sell it here, which means getting the economy going.

I said this on another forum and I dont even know if it is possible.

How about setting up a domestic oil market. Only oil that is produced within the American territories and sold within the American territories are sold on this market. What do you think of a tax credit to cover the price differences between world market oil and a newly created domestic oil market? Domestic oil selling at $55 a barrel, world market price at $100, producers get a credit of $45 a barrel. That would drastically reduce gasoline prices and the prices of everything else we buy.