We signed NAFTA, an international trade agreement that does not allow us to do that.
And, if we WERE to do that, it would not make sense:
1. We could have sold the oil on the world market at a higher price.
2. We could have taken that profit and invested it somewhere else.
3. Instead, one of our citizens feels good about having consumed "subsidized oil".
I would rather increase production (like you said) and sell it at the world price. Note that the production of oil, and especially tar sand oil like we have in Canada, is not like turning on a faucet. The infrastructure, labour and time required to increase this production is significant. If it were easy, we would be doing it already I assure you.
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Hey, if you are impressed with my memorizing pi to 10 digits, you should see the size of my penis.
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