"thunder" wrote in message
...
On Wed, 01 Feb 2006 13:42:29 +0000, NOYB wrote:


Breakthroughs on this and other new technologies will help us reach
another great goal: to replace more than 75 percent of our oil imports
from the Middle East by 2025.

I don't want to rain on your parade, but do you know how much of our oil
imports come from the middle east? Now if he had said 75% of all our
imports . . .


I don't believe the continuation of oil imported from Canada and Mexico is
particularly in jeopardy. But the Middle East is a powder keg.

Europe gets 30% of its oil from the Middle East, and Japan gets 2/3 of its
oil from there. If the Middle East falls into total chaos, and al Qaeda
gets control of the oil, the ripple effect felt here would be horrendous.

There's not just a US oil market. There's a world oil market. And a
problem in one supply area affects prices everywhere.