To: rodguy911
So we are now more dependent on the Saudis than ever that they keep on pumpin'.Oil is a global commodity. Saudi Arabia is the world's largest exporter of oil and has the largest proven reserves by far. As long as the world is dependent on oil and demand continues to increase, the Saudis will continue to pump out their 8 to 10 million bbls a day, something they can do for the next 200 years. We are competing with the Chinese and others to lock up long term contracts with the Saudis and others. The Saudis are the third largest supplier of oil to us after Canada and Mexico. Venezuela is a close fourth.
U.S. Imports by Country of Origin
354 posted on
07/29/2007 11:37:13 AM PDT by
kabar
To: kabar
Exactly that’s why when the dems through their enviro wacko groupies of nutcases insist on not doing this and not doing that we wind up importing instead of drilling or building nuke plants like France.
356 posted on
07/29/2007 11:41:26 AM PDT by
rodguy911
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