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Originally posted by jsobecky
This is definitely a clear and present danger to our nation's security. I don't think you can argue that point. Even though bullets aren't being fired, the act of aggression is obvious.
The amount of wealth leaving our country every day because of these high prices is astronomical. It is bleeding us dry; we cannot afford to let it continue.
Originally posted by jsobecky
Given that, what action do you think we as a nation should to solve this problem?
Are we justified in securing what oil we need if prices do not fall to reasonable levels?
The amount of wealth leaving our country every day because of these high prices is astronomical. It is bleeding us dry; we cannot afford to let it continue.
I'm not sure what this means... You mean stealing it? Absolutely not.
Originally posted by jsobecky
Cell phones are practically free these days. Electronics, medicine, etc., all benefit.
Why is oil different?
These oil price rises in such a short amount of time are an aggressive move.
It is not a matter of supply and demand; I can buy all the gas I want, unlike Jimmy Carter days, when there were gas shortages.
In May 2007, the United States imported 439 million barrels of oil and oil products from more than 70 countries. North American sources dominated, with Canada and Mexico providing more than a quarter of U.S. imports. Mexico provides about the same amount of oil as Saudi Arabia. Elsewhere in the Western hemisphere, despite thorny relations, Hugo Chavez's Venezuela is the United States' fourth largest oil supplier. In Africa, Nigeria, Algeria and Angola are the biggest U.S. source countries.
THESE are the top ten countries that the U.S. imports from:
1. Canada
2. Mexico
3. Saudi Arabia
4. Venezuela
5. Nigeria
6. Angola
7. Iraq
8. Algeria
9. United Kingdom
10. Brazil
Originally posted by jsobecky
The economy is on wobbly legs right now. Whether or not it is technically a recession is irrelevant. The main reason is the cost of oil keeps rising. Theretically, the cost could be at or over $200/barrel by the end of the year.
This is definitely a clear and present danger to our nation's security. I don't think you can argue that point. Even though bullets aren't being fired, the act of aggression is obvious.
Given that, what action do you think we as a nation should to solve this problem? Are we justified in securing what oil we need if prices do not fall to reasonable levels?
The amount of wealth leaving our country every day because of these high prices is astronomical. It is bleeding us dry; we cannot afford to let it continue.