Can Someone Simple 'Splain Oil Production & Sales To Me?

[freemonkey]

I am trying to wade through the claims in this, I think he's pulling some of this info out his butt. But it seems this is being discussed and applauded all over the conservative side of the internet.

So, for one, I have some questions regarding the U.S. government's involvement in the production and sales of crude oil and/or gasoline.