Joe American on Energy Solutions

Wow! This guy is sharp! This would be the ideal video to show the candidates to start out a debate, but nobody would have the guts to do it.

I've always said " We have the best politicians money can buy." and it does.

The video was well said, yes, well said. The large deep deposit of oil in North Dakota was not mentioned as well as the oil shale out west; but there is no reason why we should not use this as well to bring in more supply. I also like the idea of developing new technologies to secure our future energy needs.

Hard to argue any of it.

Watch Hydrogen powered cars, water powered cars, alternate energy sources, and many others on U Tube, may not be all hoaxes. Some are veddy veddy vintevesting!!!

So tell me why to we have these silver spoon boys running for Political office and not some sencible guy like the one in the video ? Maybe I;m answering my own question ... we did thats why Kennedy got shot !

Ron

What we forget to realize is that if we had 100% of our own oil and bought none from off shore companies and all of our oil was refined by american owned companies, those American oil companies would still charge us the same prices that are in the open market. Much of the oil they now buy from private owned wells are on long term contracts for $12 per barrel. They are getting discounted oil now. We get 50% of our oil form Canada and Canadian oil companies charge us market value.

If I own a farm and a farmers market. And tomatos are selling in the stores at $2 per pound. And it costs me 25 cents per pound to raise them. Why should I sell them for less thatn $2 per pound.

The open market sets prices for both public and private.

Also, much of our oil is bent crude, which is harder to refine. We sell it to other countries and buy Sweet crude that is easier to refine. Also realize that that large deposit of oil in the shale is really hard to remove and might cost $100 per barrel to extract.