posted on Jan, 14 2008 @ 07:28 AM
Nobody is taking
their oil. Lots of people are buying it. But because we don't get and have never gotten much of our oil from them, Iraqi
production doesn't affect US prices. Our primary source is
. Followed by Saudi Arabia,
Mexico, Venezuela, and Nigeria.
The lack of price decline in the US is often touted as an argument against the notion that we are there for oil, but only because people don't think
far enough ahead. We're securing resources for the next century, not just the next week. It's not the only reason by far, but it's high on the