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To: DaveTesla
Only 15- 17% of our oil comes from the middle east.

Oil is a global commodity and thus fungible. It really doesn't matter where our imported oil comes from. World demand is growing as countries like China and India become more affluent. And we are adding 57 million people a year to the world's population and will do so at least until 2050. It is like adding another Italy every year to the world's population.

84 posted on 12/03/2007 7:13:29 AM PST by kabar
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To: kabar
"“It really doesn't’t matter where our imported oil comes from”"

Nonsense!

I guess you weren't around during the OPEC oil embargo.

Less dependence on hostile Middle East oil is a huge
political bargaining chip.

Canada is not a hostile trading partner.

Fungibility can also be applied to the power of states.
Rogue / terrorist states can translate economic power
derived from oil into military power or terrorist activity
to disrupt the global market.

96 posted on 12/03/2007 9:58:28 AM PST by DaveTesla (You can fool some of the people some of the time......)
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