Gas was, what? Close to $5 a gallon this past summer? As a result, people scaled back. They travelled less, they got rid of their SUV's. They conserved. I believe the numbers are between 5% and 10% the reduction in consumption.
Look at what happened.
Gas is at a low we haven't seen in years!
That's good. Conservation is good. But, the point is, look at how the market reacted.
Now, imagine what would happen if we announced we're going to start drilling for more of our own oil.
Can you hear me now?