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Thread: U.S. Reliance on Saudi Oil Up 20%

  1. August 17th, 2012, 06:13 AM #1
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    Default U.S. Reliance on Saudi Oil Up 20%

    http://www.nytimes.com/2012/08/17/bu...-again.html?hp

    Yeah, we're just moving mountains on this front....
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  2. August 17th, 2012, 11:56 AM #2
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    I guess when the government of Saudi Arabia collapses, then so will we. Maybe that's the plan...
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  3. August 17th, 2012, 12:16 PM #3
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    Whatever happened to all that cheap oil we were going to get when we rescued Kuwait from Iraq, and Iraq from itself?
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  4. August 17th, 2012, 01:53 PM #4
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    Isn't that the pickup amount when we finally stopped buying the Iranian stuff.....
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  5. August 17th, 2012, 05:47 PM #5
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    Quote Originally Posted by Wally View Post
    Isn't that the pickup amount when we finally stopped buying the Iranian stuff.....
    I don't think the U.S. was buying any oil from Iran, at least not directly...
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  6. August 17th, 2012, 06:25 PM #6
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    drill baby, drill!
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  7. August 17th, 2012, 07:11 PM #7
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    Quote Originally Posted by icebear View Post
    drill baby, drill!
    We're aching to drill in Alaska, but the Feds in cahoots with multiple environmental groups makes it near impossible...
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  8. August 17th, 2012, 07:13 PM #8
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    Quote Originally Posted by Tall Timbers View Post
    We're aching to drill in Alaska, but the Feds in cahoots with multiple environmental groups makes it near impossible...

    i know, its a real shame
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  9. August 17th, 2012, 07:57 PM #9
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    And I thought oil production in the US has been up since Obama took office. Sure it's on private land, but they imply we're less reliant on foreign oil. It would only funny if Biden had said it
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  10. August 19th, 2012, 06:14 PM #10
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    Quote Originally Posted by Raphael View Post
    Whatever happened to all that cheap oil we were going to get when we rescued Kuwait from Iraq, and Iraq from itself?
    Excellent Point!

    For starters a large percentage of those oil deals went to who else but...... FRANCE!
    Yeah, the same France that didn't even as much as say Good Luck.
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