$20 Dollars on Pump #6 Please....
Grand HDF Member
Joined: Feb 2010
Posts: 4,230
Likes: 477
From: Southwest VA
The only difference between the US and Middle east country's when it comes to energy is the middle east governments own the energy sector and in the US the energy companies own the government. My 
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Ultimate HDF Member
Joined: May 2008
Posts: 6,642
Likes: 48
From: Ogden, UT
If that was true the oil companies would be able to build new refineries and up capacity, they would be drilling for oil here...
Grand HDF Member
Joined: Feb 2010
Posts: 4,230
Likes: 477
From: Southwest VA
Road Warrior
Joined: Feb 2008
Posts: 1,301
Likes: 7
Hate to tell you this, but congressmen don't drill, the oil producers do.
Like everything, people buy the cheapest first (the reason Wal-Mart & China have done so well). The U.S. has oil reserves, but it's more expensive than middle east oil reserves because of a number of factors, including the depth, difficulty & labor costs. When oil was cheap in the late 90's, U.S. production was virtually nothing. I saw wells shut down because it cost more to pump the oil out of the ground than it would sell for. Now that's reversed & rigs are out drilling new holes like crazy.
So yes, the U.S. has oil reserves & could be much more self-sufficient, but it would cost us more to do so than to buy the middle-eastern oil.
Like everything, people buy the cheapest first (the reason Wal-Mart & China have done so well). The U.S. has oil reserves, but it's more expensive than middle east oil reserves because of a number of factors, including the depth, difficulty & labor costs. When oil was cheap in the late 90's, U.S. production was virtually nothing. I saw wells shut down because it cost more to pump the oil out of the ground than it would sell for. Now that's reversed & rigs are out drilling new holes like crazy.
So yes, the U.S. has oil reserves & could be much more self-sufficient, but it would cost us more to do so than to buy the middle-eastern oil.
you also need to realize that the Oil companies are NOT ALLOWED to drill here. When was the last time even a new refinery was allowed to be built?
I'm probably gonna hear some crap for this but here goes anyway.
My truck gets around 10 - 11 MPG. My Superglide gets around 33 - 35 MPG (around town). The little Honda I didn't get rid of when I bought my Harley gets around 55 - 59 MPG on regular ethanol junk gas. Guess what I'll be riding to work this summer? Even considering getting one of those 50cc scooters for commuting. 22 miles round trip, no highway miles. As long as I wear a full face helmet so no one recognizes me then WTF.
Don't get me wrong. Love my Harley and my truck but simple economics dictate...
Plus it will make the weekend rides on the Harley just that much more enjoyable.
OK, flame away.
My truck gets around 10 - 11 MPG. My Superglide gets around 33 - 35 MPG (around town). The little Honda I didn't get rid of when I bought my Harley gets around 55 - 59 MPG on regular ethanol junk gas. Guess what I'll be riding to work this summer? Even considering getting one of those 50cc scooters for commuting. 22 miles round trip, no highway miles. As long as I wear a full face helmet so no one recognizes me then WTF.
Don't get me wrong. Love my Harley and my truck but simple economics dictate...
Plus it will make the weekend rides on the Harley just that much more enjoyable.
OK, flame away.
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Joe Kucinski
Ultimate HDF Member
Joined: May 2008
Posts: 6,642
Likes: 48
From: Ogden, UT
Besides, if they really needed to justify the price, they would make it comparable to what European countries pay, which the libs think we should be paying anyways.
Ultimate HDF Member
Joined: Jul 2010
Posts: 6,373
Likes: 5
From: Central Texas
"Oh, you can't go in there. That is the last known nesting area for the yellow assed, six-toed, flame-farting falcon"