RUFUS - President Jay Laylin announced that he will reopen oil drilling sites to allow the United States Of Jesstopia to be energy independent, something that former President John McCallum took the opposite stance on, closing the oil fields to rely solely on foreign drilled oil.
The President announced that the first oil drilling sites to reopen will reopen sometime in late March 2025. Drilling sites across the country were shutdown by President John McCallum in mid 2021, which caused the oil industry to lose its value and saw a 72% increase in investors dropping oil stock. This tanked the economy for the better parts of 2021, 2022, and 2023.
"Oil is an essential part of our country's economy, and by shutting down these sites, we are effectively spiking the cost gas and other natural oils," said President Laylin. "That is causing gas prices to soar, and hurting the pockets of families across our country. By reopening up these drilling sites, we will be able to lower the cost of gas and fuel and ensure families have more money to be able to buy the things they need including clothing, food and soap."
The economic effects of reopening drilling sites within the United States Of Jesstopia is big, but the effects on the economy are huge. Economic analysts and experts say by reopening up these sites, and internally drilling oil, with boost the economy because lower cost mean that more people will flock to gas stations across this country and that will boost the oil industry by 200%.
"It is important to lower cost of fuel and diesel, because the lower the cost, the bigger the economic impact will be, because as people begin to be able to afford gas, they won't feel as though they have to 'conserve' gas and will make more trips to the gas pump, getting more bang for the buck, and returning again as soon as necessary," said Economic Science Institute Of North Lorray professor and expert Jared Mullen. "That in turn will generate more profit, thus boosting up Jesstopia's economy. There is a lot that goes into the economy and the oil, fuel and gas industries play about 25% of the overall Jesstopian economy."