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drilling now wont do a damn thing to oil prices right now, at the very least if they drilled tomarrow it would take at LEAST 5 years(pipe dream) to get it out to the market and realistically it would be 10 years. But thats not even considering the fact that there is a shortage of Rigs on the market to begin with. It takes about 3-5 years to build a new rig and even rigs that arent even built yet already have contracts on them. And to get a rig built, the US will have to wait in line with petrobras, lukeoil, and many others that have rigs backordered. Your looking at, at least 15 years at least for this action to affect any supply and thats if they even find enough oil to even make a difference.
this action is purely political
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*2006 300 SRT-8 21,000 miles with the diablo predator and CAI, T-REX grille-fully loaded, 22" crome viper replicas w/nitto 420s stag
*2004 Mercury Marauder Orignal Owner-22,000 miles Vortec Air-to-Air S/C Kit 450rwHP+ w/many other mods(4.10 gears, SCT custom tune etc.)
**I'm from Detroit, we don't find anything charming**
**I like fast cars but I aint talkin five-O's**
Last edited by jblue21 : 06-18-2008 at 02:56 PM.
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