Comment

Climate Deniers and Saudi Arabia Agree on 'Climategate'

133
Bagua12/07/2009 11:03:22 pm PST

re: #118 Gus 802

One of the problems with the “drill here drill now” idea is that the oil refining companies find it much easier with things as they are then starting up offshore oil drilling projects. The supply is there now and getting it from OPEC and non-OPEC nations works for them.

No, they will buy the cheapest supply available, depending on whether they have contracts, own the production or just pay spot at Cushing.