And the way to be energy independent from arab oil is to drill our own oil in our country. Sticking it to big oil is just foolish. Big oil is keeping you on the road. If they were allowed to drill here, drill now, we would pay less. It’s very simple. More supply, means lower price. Oil profits are no higher as it relates to total revenues than any other corporate profit. They take in a lot but they have to pay a huge amount of federal taxes on their oil. The government is the biggest freeloader of all in the price of oil. How about having them give up their taxes they impose on oil revenues.
The object here is not to be energy independent from foreign Countries. The object here is to STICK IT to BIG OIL!
I think it is way beyond that.
In concert with anthropogenic global warming, the idea is to squeeze the United States, which is undeniably an energy and prosperity hog, into the same economic realm as the rest of the world.
The fact is that any other nation, society, or citizen, of the World, no matter how much of an "ally" they may declare to be, will not object to this strategy.
Thank the Council on Foreign Relations.