I dont see the barrell of oil costing less. What people realize is that the US isnt the only country that needs/uses oil. Sure we are #1 as far as oil consumption, but alot of other 3rd world countries are booming and demanding more and more oil. All we're doing by producing more oil is that we wont have to depend so much on foreign oil. Does that mean the price of oil will drop? Nopes, the demand is still there from China, India, and Pakistan to name a few. Demand is still there...
As far as running ethanol, thats not the answer either. All its gonna do is push the price of corn up. If that happens, then alot more farmers will farm corn instead of grain or other less profitable product. That will have a more considerable impact to our country when food prices goes sky rocketting because there isnt enough supply of grain. Remember, everything is a delicate balance...
BRING ON THE NUCLEAR POWERED CARS!!! I'll take hydrogen too...
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