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Politics : Foreign Affairs Discussion Group
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To: bentway who wrote (199529)8/26/2006 4:45:03 PM
From: Ichy Smith  Read Replies (1) of 281500
 
Itch - they've got to sell their oil to somebody. We can just buy oil on the open market, just like every other country on earth. As one of the richest countries, we can afford to pay more than most countries, and shouldn't have any problems finding people to sell us oil. Russia is the world's largest exporter now.

Who controls the worlds Steel market? Who's demand for oil is increasing exponentially?

Your manufacturing industry is collapsing and your country is just too big, you have a norther part of the country that is bloody cold in the winter, you cannot afford to pay too much for oil. If the price of steel drops, North American Steel production will plummet, your costs are still too high, If the price of steel is then hiked, your automotive industry takes a hit. And it is already hurting, it's costs are too high. If oil goes too high you can't afford to drive or heat your homes, and public transit has been going downhill for years. The United States is becoming more and more vulnerable, but you don't see it.
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