increased drilling won't lower gas prices, the extra oil will all be sold to China, India and Brazil. what could work is if the big 3 and the japanese big 4 (Honda, Toyota, Nissan and Mazda) doubled the mpg of our new vehicle fleet, that would reduce demand by half in probably 5-10 years time, and the prices are based off of supply and demand. we need to lower demand, not increase supply, because we won't see one fluid oz of increased supply
increased drilling won't lower gas prices, the extra oil will all be sold to China, India and Brazil. what could work is if the big 3 and the japanese big 4 (Honda, Toyota, Nissan and Mazda) doubled the mpg of our new vehicle fleet, that would reduce demand by half in probably 5-10 years time, and the prices are based off of supply and demand. we need to lower demand, not increase supply, because we won't see one fluid oz of increased supply
FirebirdCamaro1220 1 day ago