by Eclectablog
We all heard it and we all laughed at it. We know we consume 25% of the worlds oil but only own 2% of the worlds' oil reserves. We know that the amount of oil we'd get from additional domestic drilling is a tiny smidgen of what is produced globally. [Click for bigger version {.pdf}] But, nonetheless, the GOPosaurs and other Big Oil-loving conservative teabagger types still chant the mantra and believe against all evidence to the contrary that we can keep oil prices low by drilling in the USA. Now we have solid economic evidence to the contrary.
continued at Daily Kos....
