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One succeeds in obtaining an equivalent production at a lower price by improving the arts, trades and agriculture and by developing the physical and moral qualities of workers, farmers and craftsmen. ↗
The oil companies are regulated by the federal government. They can't drill on land nor in American waters without permission from the feds. Many Republicans want to drill baby drill but what's the point if all the oil goes to China? Increased production obviously doesn't mean lower prices for us. ↗