- Aug 18, 2012
- 25,482
- 21,526
- Country
- United States
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- Male
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- Christian
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We've just seen the devastating effects of what one president and one administration can do to an industry. Unaccountable federal agencies can and have under Joe put enormous pressure on U.S. based corporations. You have to get past the spin to see what's going on. The administration was claiming a one time release of 60,000 barrels of oil from our reserve would lower gas prices. Yet with the Keystone XL there would have been roughly 800,000 barrels of oil EACH DAY, and that supposedly would have no effect on gas prices. With an accelerated national effort that pipeline could have been up and working some time this year. It's the restrictions they can put on the oil industry, tying them up in red tape, the U.S. corporations are ultimately beholding to their stockholders (so many Americans own them in retirement funds) and they can't justify starting new U.S. projects with Joe regularly tying up and attacking those American companies.
That's nice you believe all that.
Do you have any insight into the emergency powers the president is considering?
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