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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (315477)	12/13/2006 7:54:42 PM
From: Road Walker	Read Replies (1) \| Respond to of 1573482

Two key points in the article: “Events affecting supply or demand anywhere will affect consumers everywhere,” said the report, brought out by the Energy Security Leadership Council, a think tank. “Exposure to price shocks is a function of how much oil a nation consumes and is not significantly affected by the ratio of “domestic oil” to so-called “foreign oil”. We consume 25% of the worlds oil production... that's our weakness. Economic and security. America’s transport system is 97 per cent dependent on oil. More than 90 per cent of world oil supply is controlled by foreign governments. We are at the economic mercy of Saudi Arabia, Venezuela, Russia, Iran, etc.