What if all oil producing countries banded together to stop selling oil to the U.S.? Our country has to keep running, so I'm sure the government would release oil to be refined. But what happens from here? 700 million barrels would only last us about 2 months.
At this point, how would our military function? Wouldn't this be an opportune time for say China or Russia to wage a war on the U.S.?Oil reserve?
Actually 700 million barrels will only last us 34 days. Must likely 15 days, because everyone will to trying to hoard it. I think drilling here is not the answer. Use up all the others nations oil, then use ours. Greedy? yes, but thats america.Oil reserve?
Neither China or Russia has the means to wage a successful war on the USA. We have nukes, they have nukes, those nukes don't depend on a lot of oil to get the job done.
Plus, they can't send an invading force.
Why?
They don't have the means.
Why?
a big fat ocean.
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Life is so simple, but we insist on making it complicated
Confucius
551 - 479 BC
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Peace
Jim
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Furthermore, I do not believe we have the ';refinery capacity';. We NEED to be drilling on our own lands (btw this does NOT harm our wildlife or environment like the wackos want us to believe), in our seabeds, coal to oil etc etc. We desperately need this in order to get us through UNTIL a cost effective, viable alternative(s) is up, running smoothly and gaining momentum.
If other countries stopped selling us oil, we would be forced to start drilling into our own oil fields in Alaska, Wyoming, etc... which contain trillions of barrels of oil. The environmentalists would have to just shut up and go away, which would be a good thing, and the country would continue to run.
basically we would have to start drilling on our own land which would no doubt start to piss a lot of people off but hey what can you do.. either that or they need to start figuring out a way now so we wont be so dependant on oil
As long as the Oil Producers can gouge us in prices it does not matter WHERE they get it-and they are in no hurry to develop an alternative fuel that would compete with their own profits. Dilling in the Alaska wildlife reserve and off our shores is a short term answer-does nothing to reduce our oil dependence-and contributes to the demise of the natural resources. Sort of like cutting off our own nose to spite our face. It is no longer supply and demand but ';speculation'; and stock purchases driving the prices. It is our Government stockpiling 70,000 barrels a day into the National oil reserve with is now filled to 97% capacity adding to the demand which-even with the oil reserve purchase-has dropped in the U.S.A. 17% lower then this time last year.
It is leverage to gain access to protected natural resources to continue their record breaking profits even longer and ignoring the needs of future generations. Oil prices will not go down as long as Bush is president. Those are his buddies that are profiting.
GOOD NEWS!
Senate votes to halt oil reserve shipments
By H. JOSEF HEBERT, Associated Press Writer1 hour, 32 minutes ago
The Senate, in a direct challenge to President Bush, voted Tuesday to temporarily halt the shipment of thousands of barrels of oil a day into the government's emergency reserve. Both Democrats and Republicans said such shipments make no sense when oil is costing more than $120 a barrel and could better be used to add supplies to a tight market and possibly lower prices.
';We are buying the most expensive crude oil in the history of the world and storing it,'; said Sen. Byron Dorgan, D-N.D. ';When American consumers are burning at the stake by high energy prices, the government ought not be carrying the wood.';
Bush disapproves but said he will sign the bill.
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