Don't Let The Saudis Do It Again
So it was only a matter of time before the Saudis would do something to prevent the US from moving off oil.
(NYT) Saudi Arabia, the world’s biggest oil exporter, is planning to increase its output next month by about a half-million barrels a dayIn the 70's, we had a chance to get off oil, but the output was increased and the priced dropped. And instead of us learning a lesson and getting off oil then, we went back to old habits. And now we are here again.
So now, we have a chance to do what we should have done then. Otherwise, we will be fighting wars in the Middle East forever. We will not be able to have real foreign policy in the Middle East because we will always be kissing the ass of the Saudis. We will face economic problems due to high energy prices. And we will never be truly safe and secure and in control of our own destiny!
|