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Politics : Politics for Pros- moderated

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To: Lane3 who wrote (56832)7/28/2004 10:17:01 PM
From: quehubo  Read Replies (1) of 793933
 
Karen, with 2/3 of the worlds oil located in the Persian Gulf area and considering we are using 1/4 of the worlds daily production we will always be dependent on oil from the Persian Gulf even if we dont burn one drop of it.

Oil prices are set in a global market. Any interruptions in oil flow from the ME will cause the price of oil to rise. If we dont want to pay for our imports then someone else will get them.

You need to learn more about energy, try reading Bog Dog Boom Boom Room for energy related articles. If you expect to live the next 10 years you should not be energy ignorant because it will be a dominant global foreign and economic policy issue.
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