http://www.foxnews.com/world/2012/1...-arab-states-to-use-oil-as-weapon-against-us/
Liberated Iraq calls on Arab states to use oil as 'weapon' against U.S.
A top Iraqi diplomat urged Arab states to use the weapon of oil against the United States because of its alliance with Israel, raising more questions about the Middle Eastern nation's allegiance to the nation that freed it from a ruthless dictatorship.
The shocking statement from a democratic government in power only after the U.S. and allies ousted murderous dictator Saddam Hussein in a costly and bloody war laid bare the Middle Eastern nations true allegiance.
"Iraq will invite (Arab) ministers to use the weapon of oil, with the aim of asserting real pressure on the United States and whoever stands with Israel," Qais al-Azzawy told reporters in Cairo on Friday.
"The economic weapon is the strongest one to be put into effect now, to assure of standing by the Palestinian people, in light of there being no military power that can stand in the face of Israel at the present time, he added.
Pretty wild that I posted a Fox News story, isn't it?
I would just like to say, thanks, Bush!
AWWWWW too bad we're going to soon become the biggest oil supplier on the planet. Fuck them. We already export record amounts of refined oil, and with Canada and Mexico right next to us, let them try this shit. The ones that buy their crap are Europeans and they know it.
The U.S buys very little oil from the Middle East. Incidentally, if the Arabs don't sell oil, what else can they sell? Last time I check, extremism doesn't buy bread.
As for those calling for "nationalization" well that is a moronic knee-jerk reaction to the original stupid comment from that single Iraqi official.
No, nationalization is in response to those who say we can drill our way to energy independence. That can never happen under the current system. We need to use our product here and keep it separate from the world market so we can be oil Independent. Until that happens the oil companies will continue to reap record profits at our expense.
Werent they able to produce plastics from corn plants a couple years back? Only reason its not in wide use is because its cheaper to use oil for now, but who knows in the future when oil is more scarce.
Oil is an internationally traded commodity. Regardless of from where we retrieve our crude, it is still dictated by international forces and OPEC.
"Energy Independence" is a pipe dream that serves to get the sheep all riled up.
Now, if you want true energy independence, you have to talk nuclear, wind, solar, hydroelectric, etc. Oil needs to be a distant memory because it is truly finite. I know that can't happen now, of course--yet another pipe dream--but it will have to.
If by "very little" you mean around 20% of our imported oil or a bit south of a billion barrels a year, you would be correct. The problem is we simply can not replace that supply at this point in time. If we got our heads out of our asses we could increase domestic production enough to where we could tell them to go fuck themselves.
Apparently you haven't been keeping up. We are going to become the worlds largest oil producer again in the next few years.
We are in the middle of a fossil fuel resurgence because of fracking.
Peak oil alarmists have been put back to bed for another 30+ years.
http://www.seattlepi.com/business/e...ng-Saudis-as-biggest-oil-producer-4029555.php
Too bad for them we get our oil mostly from Canada and Mexico.
This isn't the Iraqi government speaking. This guy is an envoy to the Arab League who happens to be an Iraqi. Normally the OP would be bent out of shape by a msileading article from Fox News but somehow he has no such compunction when the article suits his agenda.
I am not talking about peak oil. I am strictly talking about our current oil supply, nothing more and nothing less.