Originally Posted by GatorLCA
There's a decent amount of oil here in the states from what I've heard, but no one is drilling it because there is no need to. When the reserves dry up in the Middle East who's going to supply it? Well, we are. If we starting pumping our own oil today it'll drop the price of gas, therefore not making us that much money. If we wait until the breaking point and become a major oil exporter, well, let's just say all that debt we have will be gone since oil prices will be through the roof.
Big Oil is playing a game with us to see how high we can go until we can't survive anymore and then we'll be happy enough to pay $3 a gallon when we've all been exposed to $5+ a gallon, still giving them massive profits.
Another way we could really help curb oil prices is to find an alternative way of making goods that use petroleum. We use millions of barrels a day just to make plastics and other goods that also drive the price of oil up. If politicians could get their head out of their *** and unban hemp for industrial use we could easily curb oil usage and it re-grows!!
http://www.recipenet.org/health/arti...hemp_chart.htm
Not really. There aren't existing distribution channels set up for hemp. We'd have the same problem people are having with bio fuels, now. The demand increases WAYYYY faster than people can produce it AND distribute it.
Might as well unban it, but it would take years before it would make any real difference.