Originally Posted by KevinGibson
Now we can talk for days (and I�m sure we will, because people here are just incapable to sticking to the subject) about why we should drill domestically for oil.

But I would like to keep this discussion focused on domestic drilling and how it lowers the price of oil or gas at the pump. The intent is to bust the myths associated with this subject.


Certainly it lowers the price. It lowers it from the perspective that the speculators see the potential for increased supply and act accordingly and it lowers the price in the real world when the supply increases.

There are lots of reasons to drill and decreasing the price of oil overall is just one of them.