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Permalink Reply by Bud on February 24, 2011 at 2:11

The are some forces that do not want us to be independent, including big oil and the Obama administration. The current administration has an overall objective of getting the US off all carbon based fuel.  So if the price of oil goes through the roof, this works toward their objective of forcing more electric cars and small cars with high mileage, and pushing all "green" type initiatives (never waste a crisis mentality).  Limiting domestic production works toward the same goals.  Without a change in administration or enough change in our Congress to provide incentives toward NG, I do not see much that much push for NG even in the worst case.

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Permalink Reply by P.G. on February 24, 2011 at 6:14

I'm betting $220 oil will get a discussion going...

That would be a serious tax on the economy...

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