CNN Mesa, Arizona GOP pres. primary debate **live commentary thread** (user search)
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  CNN Mesa, Arizona GOP pres. primary debate **live commentary thread** (search mode)
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Author Topic: CNN Mesa, Arizona GOP pres. primary debate **live commentary thread**  (Read 16516 times)
Southern Senator North Carolina Yankee
North Carolina Yankee
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« on: February 22, 2012, 09:47:12 PM »

Oil prices are set as a global commodity. It doesnt matter where it comes from.

And domestic production is gowing and imports are now below 50%, but the notion that we can drill our way to 0 imports is a fantasy. Now maybe if people want to talk about radically reducing consumption, maybe.  

If Iran did block the straight, oil would got to $500 a barrell overnight because it would be treated as a reduction in the overall supply. And the Iranian navy would cease to exist by the next day.
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