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To: Regulator

“Get the U.S. Off of oil, let the Arabs drink their black juice. ... Al Qaeda will end up walking.”

Nice thought, won’t happen. Even if we imported no oil from the Mideast, the Chinese and other countries will step up to buy anything we refuse.


84 posted on 02/27/2014 10:29:10 AM PST by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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To: TexasRepublic
Nice thought, won’t happen. Even if we imported no oil from the Mideast, the Chinese and other countries will step up to buy anything we refuse.

Case in point - much of the world has a 100% tax on gasoline and diesel. In effect, they are forcing their consumers to pay 200% of world prices for motor vehicle fuels. We are buying the excess supply that they don't consume at a lower price than we would if that 100% tax did not exist. Their hair shirt policies are benefiting us at their expense, just as any hair shirt policies we adopt will benefit the rest of the world, at our expense.

89 posted on 02/27/2014 12:57:54 PM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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