Why do we buy any oil from the middle east?

[sMiLeYz]

I cant await the day cars go hydrogen, much cleaner, healthier for people, and low cost.

 

[Alistar7]

Originally posted by: Staley8

Originally posted by: Bleep
I am for buying more oil from them and saving our own for the time they run out and then them Arabs can go back to herding goats.

Bleep

Well part of his statement is correct. Let's think about this:

Scenario #1: We use only US oil....our oil wells dry up in 100, 200, even 300 years we are totally at the mercy of whatever the middle east, or anyone else wants to charge b/c they know we need it and don't have any and would love to take advantage of the US.

Scenario #2:We use some of our own oil and buy some from other countries. Our oil supply lasts much longer, and we have protected ourselves by consuming our own oil at or below the level that other countries are pumping/using/selling theres. Just is case the entire world's oil reserves get close to drying up we at least have some on our own land. May seem a tad selfish but it is smart.

At least someone pointed this out, this is part of our strategy to NOT deplete our resources first for obvious reasons.

 

[Mrburns2007]

The Hydrogen economy is coming very soon, probably start in 2010 and be running full steam by 2020.


BTW: When you say "we" what you mean is why do oil companies buy crude oil from middle eastern countries and the answer is because of the price. Now some oil companies in the USA won't buy middle eastern crude oil, I had a list of which companies I try and find it.