henoxygen8

I cannot overemphasize the access issue. The last theme that was sounded repeatedly was Congress's responsibility for the fact that American companies have access to so little petroleum. Last year, the average price in the United States of a gallon of regular unleaded gasoline was around $2.80. On the average, 15% percent of the cost of gasoline at the pump goes for taxes, while only 4% represents oil company profits. Their slant was all about how evil these CEO's are, yet this segment of the hearings tells the story of how our own government is causing the cost of oil to be so out of control. While all oil-importing nations buy oil at global prices, some, notably India and China , subsidize the cost of oil products to their nation's consumers, feeding the demand for more oil despite record prices. There are moisturizers on the market that do more than just temporarily hydrate skin cells. According to the Department of the Interior, 62 percent of all on-shore federal lands are off limits to oil and gas developments, with restrictions applying to 92 percent of all federal lands. We have an outer continental shelf moratorium on the Atlantic Ocean , an outer continental shelf moratorium on the Pacific Ocean , an outer continental shelf moratorium on the eastern Gulf of Mexico , congressional bans on on-shore oil and gas activities in specific areas of the Rockies and Alaska , and even a congressional ban on doing an analysis of the resource potential for oil and gas in the Atlantic, Pacific and eastern Gulf of Mexico .