Is it time for the U.S. to withdraw from the Middle East?

[mercury14]

Norway as well as Venezuela, Mexico, UK, Brasil...

http://en.wikipedia.org/wiki/List_of_countries_by_oil_exports

And as it turns out... the United States. That's why oil independence is a myth - we can dramatically increase production but our oil companies will just sell it on the global market to other countries.

(Venezuela is part of OPEC)

 

[islandman]

And as it turns out... the United States. That's why oil independence is a myth - we can dramatically increase production but our oil companies will just sell it on the global market to the highest bidder.

Fixed your post.

You're welcome.

 

[Peregrinator]

Venezuela is part of OPEC.

FYIer for Fodor's,
Ellie

And as it turns out... the United States. That's why oil independence is a myth - we can dramatically increase production but our oil companies will just sell it on the global market to other countries.

(Venezuela is part of OPEC)

Whoops.

 

[mercury14]

Fixed your post.

You're welcome.

I wasn't suggesting that American oil companies would sell to other nations below market cost.

 

[islandman]

I wasn't suggesting that American oil companies would sell to other nations below market cost.

I didn't take it as such.

I took exception at "sell it on the global market to other countries" bit which implies to the exclusion of the U.S.

 

[mercury14]

I didn't take it as such.

I took exception at "sell it on the global market to other countries" bit which implies to the exclusion of the U.S.

Meh, I run my car on corn.

 

[islandman]

Meh, I run my car on corn.

But your steak will cost 2x-3x more.

And your high-fructose corn syrup will cost more.

And your bread will cost more.