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How much have you reduced your gasoline consumption due to higher prices?

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  • Explain how would drilling for more oil in the USA reduce USA gasoline prices?

    This question has arleady been posted, but might be misunderstood: http://answers.yahoo.com/question/index;… USA oil companies producing crude oil sell it at global crude oil prices. If they drill and produce more oil, they will continue selling it at global crude oil prices, not at any drastically reduced rates. So, how will that result in lower gasoline costs for American customers? What will it take to provide substantially lower gasoline costs for American customers, besides reducing...

    Answer:

    Drilling has never been promoted as a long term fix, rather its a short term moderator of oil prices...

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