Quote:
Originally Posted by 1ViciousGSX
If we use our reserves and start producing our own oil for our own use, then it doesn't doesn't matter what they do. Sure, we may pay a little more at the pump for it, but we've been paying more at the pump since they started bumping it up while we sat on our thumbs anyway. So we could spend $3 a gallon with the money going to OPEC or we could spend $3 a gallon keeping the money here. I'm all for keeping it here.
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It completely matters what they do. Oil trades on a world market. In our world market economy, the world market sets the oil price. Our own oil can't sell for more than the market price because that's not how it works.