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Time to buy oil stocks. Crude now 57!!!!!!
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[QUOTE]Originally posted by d6veteran: [QB] [QUOTE]Originally posted by keithsan: [qb] currently 40% of the oil we use comes from us. listen you unpatriotic wimp :) personally, i like what MIGHT happen in the middle east... I don't like what has happened in the past, the times they is a changin' [/qb][/QUOTE] http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/oil_market_basics/Supply_text.htm#U.S.%20Production Yep it is easy to forget how much oil *we* produce. However, that isn't an argument against reducing oil consumption. With respect to reducing consumption/dependance on foreign oil (currently over 50% of our consumption), take a look at what that is doing to the trade deficit. Take a look at where that money is going. Take a look at how that drives foreign policy. No good answers to be found there. We need to cut our consumption dramatically for several reasons. Oh an remapping/reshaping the political landscape of the mideast is what got us in the current sham (see 1945-1952). No judeo christian alliance is going to succeed in reshaping what they fundamentally cannot understand - imo. [/QB][/QUOTE]
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