New Drill Bit Means More U.S. Oil Production

A new drilling method may allow for 2 million barrels a day of oil pumped from U.S. soil. I'm the first to point out that we need to switch to alternative fuels ASAP, but I also acknowledge the value of keeping American money in America.

It's a fact, nearly everyone drives a gas-powered automobile and also a fact that the U.S. is nearly hostage to foreign interests as they continue to raise prices because they can. We must have an alternative to $100 per barrel of oil being sent outside the U.S. and we cannot convert to electric, solar or hybrid vehicles overnight.

I say, put the new drill bit - actually a process that breaks the shale with water and other sources - in action right now, send trucks to Colorado, Nevada, Wyoming and the Dakotas tomorrow and start pumping gas next week.

See more about this article at http://news.yahoo.com/s/ap/20110209/ap_on_re_us/us_shale_oil