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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: microhoogle! who wrote (103606)6/24/2008 9:24:39 PM
From: Peter van Steennis   of 206089
 
Dean:

The US now spends around $600 Billion per year for foreign oil. Using your back of the envelope numbers we would keep around $47+ Billion per year here at home and increasing employment. Its not all about a lower gasoline price, the oil we don't import will be used by some other country and the price per barrel may or may not drop much.

Regards

Peter
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