RV Fuel Issues & Prices - Post 'Em Here!
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Forum Discussion
"I would like some one to tell me why leaving our natural resources unrecouped and purchasing them and the associated jobs they produce, helps our country and our people."
The easiest answer is that the value of our resources goes up as other peoples resources are exhausted. So we should use up cheap oil from the middle east while holding ours in reserve for the future when demand is higher (and it seems demand increases every year as more countries demand a modern high-consumption economy) and the value of that underground oil increases. With world-wide known oil reserves peaking out it's better than money in the bank.
That's the policy we've pursued for 60 years and it's worked out well for us.
It's just a savvy business decision.
By contrast, if you are a counter-party (an adversary) what you would like is for the USA to sell oil leases on ANWR and OCS at todays cheap prices. then, in 20 years when they are ready to come online, the prices will be much higher and you can sell it to higher bidders, like China, at the expense of the USA. So if you are a Harvard-trained Saudi MBA (and there are whole armies of those guys) with all the resources provided by all the money the USA has paid to Saudis for the past 50 years you lay a plan to get the USA to sign over cheap oil leases now.
One form that Saudi plan could take (say, I were a Saudi MBA) would be to start a propaganda campaign in the USA to get citizens to pressure the government into selling oil leases right now. For example, I might start a US corporation with a nice all-american name like, say "American Solutions", and I would put an American flag on the web page, and I'd hire a prominent American politician, like, say, Newt Gingrich to front it. A PR firm would think up a catchy slogan, say, "Drill baby drill".
If I were such a devious Saudi MBA I would hold out as a carrot that letting leases now would solve todays USA gas problems, though I know that the oil won't come online for 20 years and then 2/3 or more will be sold to foreigners at high prices while being pumped out of USA oil reserves at old 2009 cheap prices.
But then, our loyal royal allies in Saudi Arabia wouldn't do that would they?
They wouldn't be that mean and selfish would they?
They wouldn't be that calculating would they?
After all, they love us! Pay no attention to the fact that 15 of 19 bombers on 9/11/2001 were Saudis. Oh, and ignore that Osama Bin Ladin is a Saudi.
The easiest answer is that the value of our resources goes up as other peoples resources are exhausted. So we should use up cheap oil from the middle east while holding ours in reserve for the future when demand is higher (and it seems demand increases every year as more countries demand a modern high-consumption economy) and the value of that underground oil increases. With world-wide known oil reserves peaking out it's better than money in the bank.
That's the policy we've pursued for 60 years and it's worked out well for us.
It's just a savvy business decision.
By contrast, if you are a counter-party (an adversary) what you would like is for the USA to sell oil leases on ANWR and OCS at todays cheap prices. then, in 20 years when they are ready to come online, the prices will be much higher and you can sell it to higher bidders, like China, at the expense of the USA. So if you are a Harvard-trained Saudi MBA (and there are whole armies of those guys) with all the resources provided by all the money the USA has paid to Saudis for the past 50 years you lay a plan to get the USA to sign over cheap oil leases now.
One form that Saudi plan could take (say, I were a Saudi MBA) would be to start a propaganda campaign in the USA to get citizens to pressure the government into selling oil leases right now. For example, I might start a US corporation with a nice all-american name like, say "American Solutions", and I would put an American flag on the web page, and I'd hire a prominent American politician, like, say, Newt Gingrich to front it. A PR firm would think up a catchy slogan, say, "Drill baby drill".
If I were such a devious Saudi MBA I would hold out as a carrot that letting leases now would solve todays USA gas problems, though I know that the oil won't come online for 20 years and then 2/3 or more will be sold to foreigners at high prices while being pumped out of USA oil reserves at old 2009 cheap prices.
But then, our loyal royal allies in Saudi Arabia wouldn't do that would they?
They wouldn't be that mean and selfish would they?
They wouldn't be that calculating would they?
After all, they love us! Pay no attention to the fact that 15 of 19 bombers on 9/11/2001 were Saudis. Oh, and ignore that Osama Bin Ladin is a Saudi.
