Oil - The Made in America Project /Solution

It will end U.S. reliance on foreign oil!

The Made in America Project, which includes producing America's enormous oil reserves - would provide the domestic market stability that would permit U.S. oil companies to invest in drilling in Alaska, offshore and in the oil rich oil shale area of the Western United States. This strategy would also provide protection for U.S. oil company investments in the new high-tech oil extraction processes that have been vulnerable to OPEC price cutting.

This critical domestic market stability will make it possible for the United States to influence todays oil prices and to put an END TO ITS RELIANCE ON IMPORTED OIL!

Then U.S. oil companies would be advised of the planned reduction in the import percentage allowed to be imported from OPEC and other nations. The U.S. oil companies would be given enough advanced notice of the import reduction to bring the needed increase in domestic production on line.

The import percentage would continue to be reduced each year until the time when the U.S. has been able to eliminate it’s reliance on OPEC and other foreign oil producers.

This would create an environment where US oil producers would be protected and, therefore, could justify the huge capital expense necessary for new high-tech oil technologies and they would have more control over todays crude oil prices.

U.S. oil companies would be immune from OPEC’s price cutting measures that could stop much of the progress in new high-tech oil production technology.

Without this protection, OPEC could wait for U.S. companies to invest millions of dollars in new technologies, before lowering their prices to undercut U.S. companies and forcing them into financial challenges , including the possibility of forcing some out of business.

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