$10/gallon oil wouldn't matter because the economy would already have totally collapsed. Total damage to the economy from 9/11 was roughly $8 trillion. Any strike like this would run into the hundreds of trillions, and pretty much finish us as a nation.
We would send two million marines into harms way to secure the oil fields of Iraq, Iran and Saudi Arabia.
Whichever dictator took over in the aftermath of such a strike would destroy the ME in response in order to secure his position in the eyes of the public.
Personally, I think that the ME is headed the same way as Europe post-1945.
I'd rather just stick with developing alternate forms of energy and let the Arabs have what's left over.
Dear Zeroisanumber,
You are aptly screen named.
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"$10/gallon oil wouldn't matter because the economy would already have totally collapsed. Total damage to the economy from 9/11 was roughly $8 trillion. Any strike like this would run into the hundreds of trillions, and pretty much finish us as a nation."
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You're largely right with your comment since $10/gallon of oil equates to about $550 per barrel of oil vs. the current $50 or so, an eleven fold increase. I suspect that would indeed create havoc.
BUT, I disagree that an increase in oil prices would "finish" this country. Oil is a fungible product; it doesn't just affect us, it affects all the countries in the world. We'll survive because we have greater internal strength than most of the others, in spite of the Dhimmicrats.