07-07-2006, 01:51 AM
Quote:16.75% CanadaYou are aware, I hope, that there are a lot of Muslims in Africa, to include in Nigeria.
13.10% Mexico
11.94% Saudi Arabia
10.43% Venezuela
8.22% Nigeria
With the exception of the top two, our major oil import buddies are pretty shaky. You are right, we are giving them the power they will be using in a short time to make the world more miserable in their regions. Hugo Chavez is shaping up to be another regional trouble maker.
The US is not the only market for oil. We add to global demand, which has an impact on global prices. Everyone who buys oil from the PG feeds the Islamist coffers.
Where is China going to get their oil? India? Japan? The Rest of the World, whose demand will grow?
The spot market responds to global demand, not just US demand, even if that shrinks modestly.
Occhi
Cry 'Havoc' and let slip the Men 'O War!
In War, the outcome is never final. --Carl von Clausewitz--
Igitur qui desiderat pacem, praeparet bellum
John 11:35 - consider why.
In Memory of Pete
In War, the outcome is never final. --Carl von Clausewitz--
Igitur qui desiderat pacem, praeparet bellum
John 11:35 - consider why.
In Memory of Pete