If Congress was for the drilling of US oil and the building of refineries wouldn't this stimulate the economy?

It would put thousands upon thousands to work; construction, operation, transfer, establish need for secondary businesses…
It would help lower the price of gas by adding to the domestic supply.
It would give the oil companies a chance to use their record profits for the good of the nation.
It would cost the tax payers next to nothing, unless you consider small sections of nature nothing anyway.

3 Responses to “If Congress was for the drilling of US oil and the building of refineries wouldn't this stimulate the economy?”

  1. beardog4314 Says:

    If you know where there’s a reliable and sizable deposit of oil left in this country- speak up.

    Otherwise they’re just drilling holes in the ground hoping they’ll find something.

    And the oil companies have been breaking records with their profit levels for the last few years- that has yet to "trickle down" to anybody.

  2. Charlie Bucket Says:

    1. The oil companies could employ these people right now fixing the aging infrastructure, but won’t becuase it costs money.
    2. No amount of oil from additional resources in the U.S. would impact the cost of gasoline. There’s just not that much, and the price of gas doesn’t work that way anyway.
    3. Yeah right, what are you smoking?
    4. Tax payers will have to pay in the end due to all the sudsidies the gov would have to offer to spur development. There’s no free lunch. Nature is not ‘nothing’.

  3. Ridiculous Says:

    "It would give the oil companies a chance to use their record profits for the good of the nation."

    Haha..hahaha.

    Any stimulation would be short term and this would just delay the US getting off oil.. Something that would be way more beneficial to the country.
    Where would we drill anyway?