Says he wants to cut 75% of our Middle East oil imports by developing new fuel technologies. Nice platitudes.........and I agree we must cut our use of fossil fuels, but by focusing on Middle Eastern oil imports, he completely ignored our real import sources.
If you don't realize it, Middle Eastern/Persian Gulf (notice this is not OPEC....since OPEC does include Venezuela, Nigera, and other non-Persian Gulf sources) oil only accounts for roughly 11% or so of our oil consumption and less than 20% of our oil imports.
So who are some of our largest import sources? Easy........Canada and Mexico. Admittedly, Saudi Arabia and Venezuela do supply a lot of oil to us, but Canada (#1) and Mexico (#4) are heavy exporters to us, too.
So, Bush stirs the pot with the catch-phrase of Middle East oil and expects everyone to fly into a tizzy beause of the implied associations with terrorism..........a piece that was put out just before the oil tirade.
I guess Bush still expects everyone to believe we import over half our oil from Saudi Arabia and the Persian Gulf area.
So to imply our dependence on foreign oil is all from the MIddle East is a little off-target or misleading.
(Current Energy Department figures put Middle East/Persian Gulf oil imports at 11.2% of all supplied domestic oil in the latest figures I can find............Jan-Oct 2005)
Figures taken from here.
If you don't realize it, Middle Eastern/Persian Gulf (notice this is not OPEC....since OPEC does include Venezuela, Nigera, and other non-Persian Gulf sources) oil only accounts for roughly 11% or so of our oil consumption and less than 20% of our oil imports.
So who are some of our largest import sources? Easy........Canada and Mexico. Admittedly, Saudi Arabia and Venezuela do supply a lot of oil to us, but Canada (#1) and Mexico (#4) are heavy exporters to us, too.
So, Bush stirs the pot with the catch-phrase of Middle East oil and expects everyone to fly into a tizzy beause of the implied associations with terrorism..........a piece that was put out just before the oil tirade.
I guess Bush still expects everyone to believe we import over half our oil from Saudi Arabia and the Persian Gulf area.
So to imply our dependence on foreign oil is all from the MIddle East is a little off-target or misleading.
(Current Energy Department figures put Middle East/Persian Gulf oil imports at 11.2% of all supplied domestic oil in the latest figures I can find............Jan-Oct 2005)
Figures taken from here.