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"Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."

 
Anonymous Coward
User ID: 134584
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08/22/2006 10:57 PM
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"Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
Clusterfuck Nation
by Jim Kunstler

August 21, 2006

It is interesting to see how suggestible world opinion can be. Hassan Nasrallah says that Hezbollah "won" the one-month war it started with Israel and the world affects to believe it. Even the Lebanese pretend to believe it, though their economy was wrecked in the process.

What interests me a little more is the absence of any sense of cause and effect among the Lebanese leaders. They allow Hezbollah to operate as a surrogate military within their state, and then they complain when Hezbollah's military transgressions are answered by an Israeli military response against the host state. And now the Lebanese have to pretend to celebrate Hezbollah's victory -- while tourists quietly decide to go anywhere in the Mediterranean except Beirut.

Another body of opinion, exemplified by George Friedman at Stratfors, says that by failing to eliminate Hezbollah's hardened positions in south Lebanon, Israel has lost its aura of military invincibility -- the invisible shield that for thirty-odd years made the leaders of Muslim states think twice before starting a rumble. This might be true for the moment. But it doesn't include the additional reality that sometimes failure is a salutary prompt to rethink one's tactics and strategy. The likelihood now is that Israel will find ways around Hezbollah's (and Iran's) tactic of conducting rocket war from fortified bunkers and Israel will not advertise it when they do.

Israel's current Prime Minister, Ehud Olmert may be viewed as a loser by Israel's Knesset or parliament, and they may replace him with Bibi Netanyahu, who was PM in the 1990s and went through his own years of loserdom, and now might return to power with a more refined tragic sense of politics and circumstance, as Churchill did in England in 1939.

World opinion seems to regard Iran's Mahmoud Ahmadinejad as the current "winner" in the region. He says he aims to kick Israel's ass and sends his goons to show the world how it's done. They're like little kids who go to a neighbor's house, set a paper bag full of dog shit on fire on the door step, ring the doorbell, and hide in the bushes to watch the response. Eventually the police show up.

America's aura of loserdom in the Iraq adventure glows a more nauseating shade of greenish brown every day. But it would be a mistake to think that Iraq was Vietnam all over again. Iraq stopped being a war for us three years ago and became a hopeless police action in a terrible neighborhood. Would Iraq (and the world) be better off with Saddam Hussein still in charge? My guess is he would be vying with Mr. Ahmadinejad to lead the jihad for a return of the Islamic caliphate. That event might have stimulated Europe to take the clash of civilizations a little more seriously a little sooner -- but, alas, we will never know.

As things stand now, Iraq appears poised to crack up along ethnic and regional lines, no matter how many Hummers patrol the streets, which would leave most of the remaining oil wealth of the Shiite-dominant south within Iran's sphere of influence.

Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East. The foothold in Iraq was an attempt to postpone that day. It looks like it will not work out. The US army is exhausting itself and bankrupting the civilian treasury. Sixty percent of the US public now disapproves of our continued presence there. Internal pressures among the Middle East oil producers themselves -- including those on the sidelines of the war -- will create additional stresses. Saudi Arabia, Kuwait, Iran, the UAE, all have peaked now in terms of oil production. Meanwhile, their populations still grow, their internal oil consumption increases, leaving less for export, and the quality of the crude goes from light-and-sweet to heavy-and-sour, with further difficulties for refining and marketing.

If America loses 20 percent of its oil imports -- on top of steep depletion rates elsewhere (Mexico, the North Sea), plus political trouble in places like Nigeria and Venezuela -- then we can kiss goodbye a whole roster of things like WalMart, easy motoring on the interstate highway system, Walt Disney World, a continued profitable build-out of suburbia, and a diet of Cheez Doodles and Pepsi. I am on record, of course, as not being in favor of these things, but it would be very messy indeed if they all ground to a halt in a few mere months.

We've done a lousy job of preparing ourselves to live differently. In fact, the whole thrust of American politics along the whole spectrum has been to keep the current racket going. This is why the only broad discussion now occurring over our energy problems is focused to the point of neurotic obsession with keeping the cars running by other means at all costs. This is true on left as well as the right. The left is lost in raptures of driving around in cars fueled by used french-fry oil. The right is lost in raptures of executive pay packages for retiring oil company executives. We are putting no thought, meanwhile, into how we will grow our food in an energy-scarce future, how we will conduct manufacturing and trade, or how we will heat all the McHouses.

There are two themes here, related by strange circumstance, and both are a clear and present danger to America's well-being. One is the implacable enmity of an Islamic world bent on vanquishing its old adversary "the Crusader West." And the other is the West's inability to face the practical problems of reorganizing our societies to meet the reality of an energy-scarcer future. The scary thing is, we have to take both of these challenges seriously.

In the meantime, Israel is the West's stalking horse and Jihad's whipping boy. We should recognize the obvious symbolism."
Anonymous Coward
User ID: 2168
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08/22/2006 11:02 PM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
Any country which is making the majority of it's revenue by selling
oil to the US is not going to cut off
it biggest source of income.

It's like you quitting your job because
you don't like the boss. Dumb move.

Yeah I know that Russia, China, and
India are buying more than before -
which helps to raise the per/barrel
price - but not enough for the
Arab countries to cut off their balls.
mot

User ID: 115853
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08/22/2006 11:02 PM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
That is why it is sooooooo important to prepare...Pick up every solar light you can. (they are on sale summers over).
LIVE,LOVE,LAUGH
HiRisque

User ID: 128891
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08/22/2006 11:08 PM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
Current advances in the technology to produce oil from oil shale will soon make the US the worlds largest producer of oil. Many poeple don't realize that the world's largest deposits of oil shale are in the US.

The Chinese are already producing oil from their deposits. This is real.

My, my what are all those ME countries going to do with their glut of oil? I can't imagine the anger.
Ningishiddza

User ID: 124957
United States
08/22/2006 11:27 PM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
Any country which is making the majority of it's revenue by selling
oil to the US is not going to cut off
it biggest source of income.

It's like you quitting your job because
you don't like the boss. Dumb move.
 Quoting: Anonymous Coward 2168


Uh, no, economics does not work like that.

If I cut off the US, I also decrease production to maintain the same price levels.

If I want to be a real jerk, I decreaes production enough to inflate price levels beyond that even.

In the long term, a boycott wouldn't work for the same reason '73 embargo failed. People make adjustments over the long term, by car-pooling, public transportation, or just cutting back.

However, things are vastly different now than in the early 1970's.

For example, there were no HELOCs. There were no 3rd Mortgages. Less than 20% of homeowners had 2nd Mortgages and those weren't even comparable to today's 2nd Mortgages.

Less than 3% of people under the age of 25 had a major credit card, and consumer credit spending was extremely low. Mortgages aside, consumer indebtedness was less than 30% of a typical Americans annual wages.

Less than 28% of Americans owned a 2nd car and an astonishing 91% of Amercians who had a checking account also had a savings account. Savings acccounts were "in" since that was part of the 3-legged plan (savings, pension & social security).

No one had health insurance (at least not as you know it), Americans were the healthiest they had ever been in history and health care was a mere 6% of the GNP.

The '73 oil embargo wasn't painful, but it was aggravating.

Place an embargo now and watch gas prices jump to $7/gallon. In '73, the majority of Americans kept enough money in their savings accounts to pay 3 to 4 months of bills. Not now.

It will take all of 90 days before mass layoffs start, followed by mass forclosures and auto repossessions followed by mass bankruptcies, followed by more mass layoffs etc.

Most Americans would default on their mortgages/rents and credit cards within 60 days of being laid off or terminated.

Not only would Christmas suck for everyone, the next Christmas would too.
Americanii-s de vina futu-i in gura sa-i fut
Anonymous Coward
User ID: 126878
Panama
08/23/2006 05:27 AM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
My hubby has a theory. He thinks that the reason why the USA refused to allow offshore drilling and drilling in Alaska (ANWAR) had nothing to do with pressures from environmentalists and everything to do with the US government wanting to save the oil for when we really needed it.
Anonymous Coward
User ID: 34441
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08/23/2006 07:37 AM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
My hubby has a theory. He thinks that the reason why the USA refused to allow offshore drilling and drilling in Alaska (ANWAR) had nothing to do with pressures from environmentalists and everything to do with the US government wanting to save the oil for when we really needed it.
 Quoting: Anonymous Coward 126878


Yep, it has a lot to do with Abrupt Climate Change conditions that are coming and it's going to hit all the countries in the worst possible ways than ever.

Google "Abrupt Climate Change" and look for the report endorsed by the Pentagon in 2003. The Bush administration know this very well, even the Clinton and first Bush administrations.
Asa
User ID: 132236
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08/23/2006 07:37 AM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
bump
cdwarior
User ID: 528
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08/23/2006 08:09 AM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
Ok, here's my plan.

For about $4,000 I convert my piece of shit F150 4x4 to run on compressed natural gas, install a 220v compressor in my basement with a 200 gallon storage tank and it's business as usual.

PS. Run down smarmy arabs seen on street. You can too !!!

[link to www.hendrixsystems.com]
Anonymous Coward
User ID: 134719
Canada
08/23/2006 08:24 AM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
PS. Run down smarmy arabs seen on street. You can too !!!

[link to www.hendrixsystems.com]
 Quoting: cdwarior 528


Oh? And what has any Arab country ever done to the US? Saudi Arabia, if you believe bush's 9/11, but golly gee, they're bush's best buds!! And if you think Arabs are responsible for the high price of oil, you're too stupid for words.
2000 oil $20/bbl
2006 oil $73/bbl

Use your head asshole.
kitten002
User ID: 75220
United Kingdom
08/23/2006 09:35 AM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
GOOD u americans r using too much oil already. pollution and global warming is ALL UR FAULT!!
Anonymous Coward
User ID: 34441
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08/23/2006 09:39 AM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
GOOD u americans r using too much oil already. pollution and global warming is ALL UR FAULT!!
 Quoting: kitten002 75220


Another conjectural statement.
ac
User ID: 134071
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08/23/2006 09:40 AM
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Re: "Sooner or later America is going to lose access to the roughly 20 percent of the total oil imports it gets that come from the Middle East."
considering the fact that u.s. only gets 20% of its oil from the middle east, I wouldn't worry if 20% of that is not available





GLP