Re: 2nd Term, Part VI: Burnin' down the House
And to think there used to be something known as an interconnected world economy. Guess Obama must have eliminated that by executive order also. Being less dependent on the Saudis for oil is a good thing (which the U.S. is doing in spite of Obama, not because of him), but if Middle East oil is cut off, the whole world economy will feel the pain, including the U.S. But, you know that, you're just being obstreperous.They have less and less importance as our need for their oil diminishes. Unless you somehow think sand is going to become a precious commodity, what else do they have. And to be fair Bob, we have a good amount of sand here in the US too!
Oil may be a global commodity, but if a crisis occurs, and we have enough oil within our own (and Canada's) shores, gee whiz, I've got an idea - why don't we just keep domestic oil here until the crisis passes? Then places like Saudi Arabia, instead of relying on the US military to keep them safe, can do so themselves. Wouldn't that be a novel concept?
And you wonder why the Saudi's are getting cranky all of a sudden.