The Demand OF DOMESTIC consumpsion is dropping... But the Global demand is probaly still riseing...
The OUTLOOK on the supply side, for the first time in a LONG time, it starting to look good... The more supply, the lower the price, the lower the
demand, the lower the price...
I say, lets get drilling, and try to match the Demand with supply...
There are 2 lines of thought here... imho...
1. The one we are using now... Which is, keep paying the Arabs States and others for THIER oil, and we Save our HUGE reserves for the future...
2. Drill on our reserves now... thus, not using up others supplies...
As long as we can afford it, i guess its not the WORST thing to use others rescouces... I mean, if we suck them dry, and then we have reseveres..
wouldnt that give us the advantage when we still have oil, and they go back to sucking sand?
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reply to post by TKainZero
 Forget Hydrogen - Oil from Algae 20,000 Gal per acre
Video of the process Oil from Algae
This is a closed Loop process and amazing to see.
This is the most promising video and information I have seen in years.
www.valcent.net...
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