THERE ARE ABSOLUTELY NO QUICK OR SHORT TERM SOLUTIONS. We need to think about 5-10 years from now. If Clinton would have done that when he was in office we would have been drilling in Alaska, the outer continental shelf, and the eastern gulf 10 years ago and we wouldnt be in this situation now.
I laugh at people that say oil is not the solution and we need to research alternatives. Why cant we drill for oil now and get the 100% reliable solution and still research alternatives? Get your gead out of your ass and think, should be shut down all of coal, and oil buring plants too so that we can research new fuels?
I expect a small drop in oil prices because of this, but nothing much. Now if congress gets off their ass and removes the restrictions you will see an immediate $20 drop in oil prices. As the rigs get online you will see another $20 drop, then when oil starts flowing you will see another sizable drop. I wouldnt be the least big suprised to see oil back under $100 a barell.






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