Okay, so I have a question that maybe all of those way smarter than me can answer.
If the US has a ten year supply of oil reserves, and refuses to utilize it for the American people, why are we holding onto it? Clearly, we suffered a crisis back in 2003 when we saw gas prices take a huge hike. In the 12 years since that has happened, prices have only fallen back to just around $2.00 per gallon. It was around $1.20 when the hike started.
I know why the hike happened, what I don't understand is why our government won't release those reserves. Clearly we do get oil from several places that aren't in the middle east. So why the heavy dependence on foreign oil?
If the US has a ten year supply of oil reserves, and refuses to utilize it for the American people, why are we holding onto it? Clearly, we suffered a crisis back in 2003 when we saw gas prices take a huge hike. In the 12 years since that has happened, prices have only fallen back to just around $2.00 per gallon. It was around $1.20 when the hike started.
I know why the hike happened, what I don't understand is why our government won't release those reserves. Clearly we do get oil from several places that aren't in the middle east. So why the heavy dependence on foreign oil?
Disclaimer: I am only responsible for what I say, not what you choose to understand.
