Dandelion,

More drilling or less drilling is not the problem. The practices of the oil companies is.

There was not oil shortage in the 70s when the oil companies said there was.

Our present situation is centered around the Production Sharing Agreement the oil companies have managed to firm up years ago. While we have been fighting a war of choice in Iraqi and a second war in Afghanistan to protect the oil pipelines who do you thing is getting the oil from the oil Production Sharing Agreements.

There are 63 oil reserves in Iraqi 12 of which our producing sweet crude. The agreement when we went to war this time was that the Iraqis would pay for the cost of the war from their oil production.

We are loosing the lives of are service men and women while the Iraqis are getting rich. Is that the price you like to pay for a barrel of oil? What do you think will happen when the US pulls out of Iraqi, if we ever do?

The civil war that’s be brewing from before this war of choice. Who championed deregulation, the Bush administration. As a result the banks were able to make bad loans and Wall Street brokers and heads of hedge funds were able to short sell. The majority of the house loans that are being foreclosed aren’t worth the loan value. President Bush had the veto power to veto deregulation bills. But he didn’t and John McCain went along with the proposals.