Jedediah Bila and FOX News Discuss Tapping US Oil Reserves

View video of FOX News “America’s Nightly Scoreboard,” with Jedediah Bila,  as they discuss the possibility of the Obama Administration tapping US Oil Reserves.

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The first thing I would do is stop all subsidys to big oil company’s. The next thing is to allow private ownership of land to go only about 2000 feet down. Past that level it would be owned by the State or Federal. Below 2000 feet the land would have to be leased from the State or Federal. Next, the crude oil pumped would have to satisfy our public use first and at a reasonable price before shipping it abroud for a higher price. Next a tarriff would be imposed to offset the per gallon price here