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.
Very simple: Supply and demand.
If there's more supply and demand stays the same, prices will decline.
Oil is a fungible world commodity and the more there is on the world market, the lower the price will be assuming demand stays the same.
In a free market, no one "controls" the price. It's willing buyer/willing seller.
