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Oil companies decide for themselves how much drilling they do.
They base that decision on their revenue stream. Drilling costs money. They can only go up to the limit of their purchasing power, just like any other business.
There are millions of acres with proven reserves where they could drill if they want.
Care to tell us where those areas are?
Government does not determine drilling, just where it can't be done.
That's not true. The government has to issue a drilling permit, before drilling can commence. Ever hear of the drilling moratoriums?
Some of you seem to think if every square inch was opened up to drilling that oil companies would drill with wreckless abandon and drive prices down so you only have to pay 50 cents a gallon. Oil companies set drilling to maximize profits.
Now, you're just being rediculous, because no one said that.