In reply to:


You don't think that the Middle East would still be essential to low oil prices, even if we did cut our demand? It also isn't like we are forced the Middle East to sell us oil. In fact, good ole Saddam keeps trying to secretely sell extra in violation of UN rules



The Middle East could get lost if you guys didn't need their oil.

Right now with Middle East Oil its a case of willing seller/willing buyer.

But - Imagine if the willing buyer side of the deal [thats the US] dropped off since you didn't need to import any oil anymore?

Then your government wouldn't need to keep propping up un-democratic countries like Saudi Arabia and that would save you a bundle of taxpayer dollars each year.

15+ years ago, the US didn't need foreign oil supplies, now you have SUVs and the US imports oil from the Middle East.

Re: Saddam, well Saddam is legally allowed, as per the UN agreements, to sell lots of oil - he's just not supposed to use the money he gets to buy guns, air defence systems, scud missles and stuff like that with it.

He's supposed to buy food and medical supplies etc to keep his people from starving to death, but knowing Saddam its unlikely that he is doing that with every dollar he makes from oil.