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Old 06-10-2008, 08:19 PM   #24 (permalink)
Old Goat
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Quote:
Originally Posted by Netphase View Post
Without a socialist/communist government running state owned oil companies wouldn't that oil from Alaska and North Dakota still just be put up on the commodity market and sold to the highest bidder?
Not Socialist/Communist Grasshopper.... just a Nationalist government that would give us first dibs. Anything left over could go on the free market. We'd probably work some sweet deals with our friends - especially our buddies in Merry Ole England and Denmark and Canada ( wait Canada has tons of oil too) - who knows.

Even if we played straight Laissez-faire, with all that American fuel flooding the market, prices would go down. And as an added bonus, OPEC would no longer be able to pick a price per barrel in some smoky room.
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