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Title: Bush lifts daddy's offshore drilling ban
Source: [None]
URL Source: [None]
Published: Jul 14, 2008
Author: CNBC
Post Date: 2008-07-14 13:42:58 by Jethro Tull
Keywords: None
Views: 294
Comments: 13

Even a blind pig finds an occasional acorn.

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Begin Trace Mode for Comment # 2.

#1. To: Jethro Tull (#0)

Even a blind pig finds an occasional acorn.

From what I understand, that only reverses the Executive insanity.

The Congressional insanity must be over turned as well. ;-)

Rotara  posted on  2008-07-14   13:45:34 ET  Reply   Untrace   Trace   Private Reply  

Ah....well, good move anyway. Let the nation know the gutless House and Senate choose to remain tied to OPEC, rather than try and become independent.

Jethro Tull  posted on  2008-07-14   13:48:36 ET  Reply   Untrace   Trace   Private Reply  

#3. To: Jethro Tull, Rotara (#2)

Ah....well, good move anyway. Let the nation know the gutless House and Senate choose to remain tied to OPEC, rather than try and become independent.

And since the Democrats are in charge I think the Republicans are hoping they will take the political heat in an election year.

farmfriend  posted on  2008-07-14 13:56:18 ET  Reply   Untrace   Trace   Private Reply  

Ah....well, good move anyway. Let the nation know the gutless House and Senate choose to remain tied to OPEC, rather than try and become independent.

In terms of domestic use, barely 10% of oil imported from the ME is used stateside. Oil from the ME goes to China, Japan, and EU primarily.

Stateside, Canada is our major "foreign" supplier of oil and natural gas.

We use 50% of our imports from Saudi Arabia to run our 2 imperial wars. No foreign wars, then there'd be little need for importing oil from Saudi Arabia or Iraq.

Check this handy dandy chart of domestic use of oil imports current as of Sept 2007.

middleeast.about.com/od/oilenergy/a/me070905e.htm

"It's a common misconception: The United States imports most of its foreign oil from the Middle East. Not quite. Not even close. As the table below indicates, dependence on oil from the Persian Gulf represents barely 10 percent of total domestic oil consumption, and most of that oil comes from Saudi Arabia and Iraq."

scrapper2  posted on  2008-07-14 15:46:36 ET  Reply   Untrace   Trace   Private Reply  

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