Comments by "" (@theylied1776) on "Oil hits highest level in more than three years on falling supplies" video.

  1. Where is all of the taxpayer subsidy money given to the Oil Industry for decades that was given with the understanding and promise that it would be used to make America Energy independent? We now have fracking and Oil Shale, America is the largest producer of Oil and Natural Gas in the world. The U.S. could remove ourselves and the British Commonwealth off of the commodities market for the next 200 years but we aren't? My question is why NOT?! Oil Shale gives us the advantage it gives us leverage in the commodities market, it gives us Energy Independence but we are still influenced by OPEC, WTF?
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  2. Lambert Lum Apparently you didn't read the entire comment because I addressed the global market, it's called the Commodities Market... or didn't you know that? Oil is a commodity, the reason why we gave these Oil Companies subsidies for decades is because they were promising to get us out of the Commodities Market by making the United States [energy independent]. Please read the entire comment before making such an asinine reply.
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  3. Lambert Lum Energy Independence means we would be on a closed system unaffected by the Commodities Market. We would set our own prices, we would not have to abide by any Global pricing. But I'm sure you won't read this either.
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  4. Lambert Lum Which part of Energy Independent don't you understand? What part of that means we will not export oil? With a closed system the United States no longer has to abide by World prices, we will sell oil to any country we wanted to, we negotiate our own contract starting with the British Commonwealth with the endgame of selling to the European Union. That is a starting point that gives us leverage in other trade negotiations, you think too small.
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  5. Lambert Lum Is English your second language, I'm just curious about that? Is something being Lost in Translation? You're the only one assuming if the United States declares energy Independence that we would not be selling oil when that's the overall trade strategy. And by the way, we'd also be selling natural gas and methane. As it stands today the United States doesn't need the global oil Market, the global oil Market needs the United States... that's called economic Leverage.
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