We are freer from the grip of foreign oil than we have been in 30 - TopicsExpress



          

We are freer from the grip of foreign oil than we have been in 30 years... -President Obama, 2015 State of the Union address I disagree. When in the last 30 years has foreign oil been able to slash the price of oil/gas overnight in an attempt to bankrupt domestic competitors in the US? Has the president driven past a gas station recently? Oil and fracking companies have recently announced the layoffs of thousands of workers due to projected lost revenue. This OPEC led race to the bottom with oil prices by flooding the market should be treated as more serious than an act of war, because we dont have the upper-hand options that a declared war would give us against OPEC countries. How many innovative domestic oil and fracking small businesses will be bankrupted in the next few years because a foreign entity maliciously manipulated our fuel market?
Posted on: Wed, 21 Jan 2015 08:30:53 +0000

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