posted on Jan, 13 2014 @ 09:26 PM
It's nice to fantasize about getting off of "dependence on Middle East oil", and to see Saudi Arabia wiped out, but the truth is that all oil is
traded equally on international markets irrespective of where it comes from and only dependent on its grade. Even if all that oil were to be there and
were to be put into production, all it would mean would be lower oil prices because there's more oil on the market. You'd still have a certain
percentage of the oil you get coming from the Middle East. And the Saudi's would be poorer -- but that's a relative term.
In order for it to be different, major laws would have to enacted, restricting where oil imported into the US can come from. Good luck at getting such