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Originally Posted by GMAN
I heard the CEO of BP talking a while back. He stated that the largest reserves in the world are thought to be in the Gulf of Mexico off of Florida. However, the envirowhacko's have prevented us from drilling because they don't want to see oil rigs off the shore of Florida. Well, guess what.....China is has reached a deal with Cuba to drill for oil. So they get to drill in our back yard while we cow to the environmentalists. Keep in mind that it is in the best interest of our government to have high fuel prices. The higher the fuel price, the more tax revenue they get to collect. Tootie is correct about alternative fuel sources. We have had alternatives for decades. We simply have not used them. I think the oil companies have done everything they possibly can to keep them off of the market. I also think it would be in the best interest of everyone to keep the oil companies out of these alternative fuels. We need true competition. Lack of competition is the real cause of these high oil prices. There is little competition among the oil companies. Until there is competition prices will only go higher. We should also keep in mind that we get little of our oil from the Middle East. Most comes from South of our border, such as Mexico and Venezuela. I say we go to Mexico and Venezuela and annex them. Make them part of the U.S., take the oil and tax them. :P
Now Gman...you done went and "vocalized" what I have felt for years! Annex those 2 countries and we increase the size of our natural resources reserves, increase the size of our agri-busniess production, increase the country's tax base...and eliminate 80% of the illegal immigrant problem!!!!