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  • U.S. Oil Supply: Drilling Down to the Facts  [View article]
    Most of the countries on your list of supplier nations might not be openly hostile towards the USA, but are not stable sources of long term oil.

    1) Canada is the only country that is genuinely friendly towards the USA and has stable government.
    2) Mexico is experiencing double digit declines in oil reserves and the country is under siege by drug cartels. Mexico will likely be an oil imported after 2010.
    3) Saudi Arabia: Let's see 15 of 19 9/11 terrorists hailed from here and this country routinely funds Hamas, Al-Quieda and Hezbollah. This country could easily be toppled by Wajib fundamentalists, if it were not for US military support.
    4) Venezuela: Hugo Chavez would jump at the opportunity to sell oil to anybody but the USA. This could be a possibility if China and India develop their own heavy oil refining technology.
    5) Nigeria: The government is corrupt and is in a constant state of civil war with the MEND rebels.
    6) Iraq: I think the Bush shoe throwing incident summarizes the appreciation of the Iraqis for being liberated from Saddam Hussein.

    Bottom line, with exception of Canada and internal US reserves, the USA cannot count on foreign oil as a long term solution and should intensify alternative energy and conservation technology efforts before it is too late.
    Dec 17 08:24 am |Rating: +5 -4
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