Friday, June 29, 2012

We could stop importing oil from the Middle East today if we wanted to.

So pretty much, we buy oil from Friendly Nation-istan. Europe, which was buying from Friendly Nation-istan, now has to buy from Saudi Arabia. Since oil is a global commodity, that means that Saudi Arabia gets the same amount of money, the... oil tankers just head for a different port.

The only way to throttle the flow of cash to the terror-magnates is to find alternative fuel sources. Reduce the demand, and we can pick-and-choose who gets to sell oil. Otherwise, we're just playing games, pretending that we're making a difference.

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Source: http://www.facebook.com/motherjones/posts/442475625787419

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