Whose political platform you favor in terms of green energy?

[Goatseye]

mornelithe said:

Goatseye said:

That's all nice and dandy; however, the technology is expanding beyond US. India, one of worlds biggest oil consumer, is on the verge of digging multiple shale oil wells enough to cut their foreign depence on oil starting 2017. From now on, it's not just Russian economy that's gonna be expecting low returns on oil sales.

Please stop moving the goalposts.  You asked if we were going to directly compete with Venezuela, Saudi Arabia etc..., and I said we already are, not only that, it would appear we're colluding with Saudi Arabia to quite literally pummel the oil/natural gas prices to hurt the Russian economy.  If India starts producing Shale oil, that just impacts the global price of oil and natural gas more and further destabilizes the Russian economy...pretty sure the US is ok with that.  And besides, it's not like the US Government can stop Shale oil production, it's not Government controlled, only a Congressional action likely based upon environmental concerns, could impact shale production in the US.  The US is a free market/capitalist economy, it is NOT like OPEC.  The article I linked talks about that fact.

What goal post am I moving? We haven't lifted the ban on oil export yet, have we?

Additionally, the price/barrell won't be that much better than foreign oil. Especially, when the technology proliferates by the time the ban lifts.

US doesn't control oil production but it damn well controls the tax they pay.