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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (3760)	1/2/2009 12:30:51 PM
From: Brumar89	Read Replies (1) \| Respond to of 86356

Mexico and Canada are willing oil partners. The folks in the Middle East who have made it difficult on us to secure oil either get invaded or isolated. No one in the ME is refusing to sell oil on the world market or to us, specifically. Not Saudi Arabia, not Iran, not Saddam's Iraq, not Libya. On occasion, SA has expanded or reduced production to affect the market price. However, the idea that ME powers are making it "difficult for us to secure oil" is generally non-factual. Its true that most major ME countries have formed national oil companies which monopolize oil development within their countries, but thats true of Mexico as well. Mexico nationalized its oil and gas industry (under Pemex) many decades before the big wave of nationalizations in the ME in the '70's. We have a history of propping up petro-dictators to secure our oil. As it happens we overthrew one of the very worst petro-dictators a few years back. Do you think we should take out more of them and if so which ones? Gaddafi? The Saudi royal family? The Iranian mullahs?