A mini-DPW: Obama’s attack on “oil from the Middle East” earns criticism from Scott MacLeod.
Is talk of “Arab money” fair game unlike, say, talk of “Jewish money”?
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thabet
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Fatemeh
Could it be that OIL is responsible for holding Muslim women in West Asia back?
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thabet
America’s new oil millionaires.
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thabet
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thabet
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thabet
Bush wants Congress to end a ban on drilling for the black stuff in US coastal waters.
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thabet
Oil price reaches nearly $139.
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thabet
Malaysia and India announce plans to raise the price of fuel at the pumps.
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Lawrence of Arabia
it seems to me that those in the u.s. who wish to secure energy independence from the middle east have put little thought into what the world is going to look like when the great oil producing countries are no longer receiving revenues from that source. when the wells finally run dry, the collapse of several national economies cannot possibly be a pretty picture, it seems to me.
saudi arabia, et al., should squeeze every dollar and euro out of their wells that they possibly can while they can because they could be looking at a very bleak economic future.
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thabet
Last week, Gordon Brown called on the EU and G8 to break Opec as the House of Representatives passed a bill which would allow the oil cartel to be subjected to US antitrust laws.
The White House, unsurprisingly, opposed the bill.
