Market funds?

[ray h.]

    Doe's anyone get the feeling that with current consumption we are on a downward trend with all grain commod's giving world production problems and current consumption,unless we just back off of renewable fuels policy?

[docharing]

Renewable fuel standards will change as soon as our domestic oil production increases. Drill baby drill, as the saying goes.

[giolucas]

Don't be to sure that drilling is our salvation. Some are saying that when we get our oil out of our ground it will be sold outside of the US. We live in the most capitalistic country and I am sure that someone will want to drill for the business aspects, not to lower commodity prices.

[roarintiger1]

OIl does you no good if you can't refine it.

[Hobbyfarmer]

Picture of earth from space at night...this is Europe the lights go on like this all the way to Japan.. every night any idea how many barrels of oil, tons of coal, cubic feet of gas it takes just to do this? let alone the heating, cooling, transportation, and manufacturing?

[kraft-t]

Ireland exports it's excess crude and they pay more at the pump than we do.  domestic oil is traded on the world market and it matters not if it is Irish Oil , american oil or saudi oil. Price is established world demand and avaiable supply of refined oil. Increased refinery capacity would probably lower our price at the pump more than anything. Spot a refinery in the dakotas and utilize both domestic and canadian oil in this country.

Piping it to the south probaby destines it for export.