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To: Soothesayer9
"If the Israelis attack, they will do so w/o our assistance."

Then all of Iran's oil facilities will be destroyed at a time when western ties are completely broken with Islamo-fascist Pakistan and other places often visited by Lawrence of Arabia. Not a problem for us Americans.

U.S. Energy Information Administration
"How dependent are we on foreign oil?
The United States imported about 49% of the petroleum,1 which includes crude oil and refined petroleum products, that we consumed during 2010. About half of these imports came from the Western Hemisphere. Our dependence on foreign petroleum has declined since peaking in 2005.
"


27 posted on 11/26/2011 12:29:57 PM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the world.)
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To: familyop

“About half of these imports came from the Western Hemisphere. Our dependence on foreign petroleum has declined since peaking in 2005.”

It doesn’t matter whether our oil comes from Saudi Arabia or Texas. If world oil prices go up then the cost of oil in the United States will go up. Oil is a freely traded commodity. If England, Germany or China bids $200/ barrel then the price will be $200/barrel here as well.

The truly frightening thing is that Obama said about coal that if his plans were successful “then the price of energy will necessarily skyrocket.” That tells me that beyond a few political statements about bringing the price down that he will still nix pipelines and drilling permits. Of course, he’ll probably blame Bush.


37 posted on 11/26/2011 1:41:21 PM PST by Gen.Blather
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