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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (6154)	7/10/2007 10:23:21 AM
From: DuckTapeSunroof	Respond to of 25737

"Aside from the interruption of oil supplies allowing the house to fall might not be an all bad outcome." I wouldn't assume that there would automatically be any 'interruption of oil supplies' that would AFFECT the US much! >>> For one thing --- we don't get all that much oil from S.A. (Far more of it goes to Europe and to Japan and to China.) The US's #1 oil supplier is CANADA. #2 Mexico. #3 (I believe) is Venezuela... and #4 likely is Nigeria. (Some of those places have their own fleas, but Gulf oil is not all that critical to the US directly. Even less so moving forward as large NON-OPEC supplies --- Central Asia, Arctic Russia, etc., come on-line. >>> For another thing, I wouldn't assume that Sunni/Shiite (or Saudi/Persian) fighting would automatically disrupt oil flows out of the Gulf region. It might actually INCREASE the oil flow. (War is very expensive business, both sides would be pressed to pump to the maximum to finance their war efforts.) Just like was the case during the last 'Golden Age' for oil consumers --- during the 1980s when Iran and Iraq were fighting the decade long Iran/Iraq Gulf War... and pumping oil as fast as they could! I think that people who tell us the 'world is going to come to an end' if Iran/Iraq and the Sunni states fight are selling a load of crap. Likely many of them have their own vested interests, or political reasons to keep 'Uncle Sucker' rolling out billions of bucks in the region....