Posted on 04/25/2008 5:36:19 PM PDT by Kaslin
Geopolitics: With the discovery of vast troves of oil south of our border, it's probable that U.S. strategic interests will shift to our hemisphere. For the Middle East, that's a warning. For the Americas, it's an opportunity.
By 2020, the places that matter to the U.S. strategically may be entirely different than today. It's not hard to project the possibilities.
Oil is being discovered in vast quantities in Brazil. Other gigantic deposits have been located in Mexico, Colombia and Peru. Colombia now shows oil reserves as high as Algeria's. The U.S. imported 4.9 million barrels of oil a day in 2007. Absent development of U.S. reserves, the U.S. will need the new suppliers.
The picture is still emerging, and it's possible some of these discoveries might not pan out.
But taken as a whole, the newly discovered oil and natural gas in Latin America could compare with the energy of the Middle East, according to Stratfor's Peter Zeihan, who recently spoke to Bloomberg. Already five of the top 15 oil-producing nations exist in the Western Hemisphere.
With it, the focus of U.S. overseas interests will shift. Idealism aside, the fact that U.S. policy interests trail oil isn't really a secret.
High oil prices and tight supply create incentives to seek out new sources. Enter Brazil, Colombia and Peru, none of which were big players a few years ago. New technology to extract oil and natural gas from previously impossible sea depths or siphon it from laced rock formations brings those countries to the fore.
(Excerpt) Read more at ibdeditorials.com ...
We already have the Monroe Doctrine. Why invent anything new?
Now smart ranches mulch it, and sell it for $15 a bag.
Who knows what our worries will be in 2015, and beyond.
These folks need a fact checker. The US imports of crude and refined product are much closer to 15 million barrels a day.
China is already after this oil.
And we have how much oil here in the US and its territories? And we are going to start drilling when? And why aren’t we drilling now?
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Give away tens of millions of dollars in aid, and get tens of millions in illegals in return...
"Diplomatic realignments?" It's Hemispheric Integration.
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