I just happened to be an expert on oil & energy. The idiot is you, and the fat a$$ Rush who has been telling lies for years. If we did not get seduced into bigger and bigger SUVs, and if we did not help china and India to be big oil consuming nations, and if we did not disturb the oil production in Iraq, and Venezuela; we would not have suffered doubling of our energy bills. Wake up, and smell the coffee.
Well, I just happen to be an expert on coffee. And there are some coffees that don't smell.
Seduced into bigger and bigger SUVs? You mean giving the consumer what he wants. If SUVs prove to be uneconomical or undesireable for the consumer, there will a growing market for the alternatives. That's the way capitalism works. People make individual choices based on their individual circumstances.
"If we did not help China and India to be big oil consuming nations" How do we prevent them (representing one-third of the globe's population) from becoming more prosperous and bigger consumers of the world's resources? It is like holding back the tide. I guess it would be better also that Africa be thwarted in its economic development so its oil consumption is kept low. Such hubris, such folly.
Disturb the oil production in Iraq and Venezeula? This observation destroyed any pretense of your expertise on oil and energy. Iraq's oil infrastructure was a shambles and deteriorating under Saddam. Many real oil experts believe that Iraq's production can be raised significantly to almost twice it was producing before the war. With the second largest proven oil reserves and very low production costs for high grade oil, our intervention will eventually improve the world's supply of oil.
Venezuela's internal political problems are affecting oil production and sales by Venezuela, not the US. Venezuela supplies up to 15% of US oil imports and the US purchases up to 60% of Venezuela's oil output. Chavez announced that his government would begin to enforce the law passed in 2001 that calls for a dramatic increase in the royalties foreign corporations pay to the Venezuelan government for the extraction of oil inside Venezuela. ExxonMobil has denounced the increase and is considering mounting a legal challenge.
If it wasn't for the oil and gas technology, expertise, and investment of the West and the US, world oil production would be far lower and countries like Venezuela, Nigeria, Saudi Arabia, and Iraq would not have benefitted from the wealth it has created. Stop blaming the US for everything that goes wrong in the world.
Just happened? Freepmail me with a cogent answer, if possible, drooling moron.