SUSTAINING EXPANDED DOMESTIC PRODUCTION KEY TO ENERGY INDEPENDENCE
By RICK MANNING || Every autumn, gas prices fall providing consumers weary from peak summer prices a windfall. In 2014, Michael Green a spokesman for AAA estimated that Americans are spending about $230 million a day less on gasoline than on July 4th, and the price continues to plummet.
In fact, according to GasBuddy.com retail gasoline prices on average have reached levels not seen since 2010 as a combination of the seasonal demand drop off, a slowing global economy, and declining world oil prices continue to create downward pressure.
The non-partisan, apolitical AAA, best known for maps and travel guides, goes so far in their October report to make a bold proclamation in writing,
“Gas prices generally have been less expensive than in recent years due to the dramatic boom in North American petroleum production. U.S. refineries have taken advantage of increased crude oil supplies to make more gasoline. In addition, increased domestic production has helped insulate U.S. consumers from conflicts and instability overseas.”
If you are an anti-drilling environmental activist, you might want to put your fingers in your ears and start making nonsense sounds if someone read this report out loud to you.
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