Wednesday, March 28, 2012

We need to stop buying Middle East Oil

In this recent article, the NY Times showed how we are becoming less dependent on foreign oil but its not fast enough for me.
Sources: Energy Information Administration; Bloomberg
As the graph above points out, we only curb our thirst for oil when the price goes up. Look what happens when I add the date 9/11/2001 to the above graph:

How many Saudi 911 hijackers were financed by us buying Saudi Oil which was then used to fund Pakistani madrassas dedicated to the overthrow of the US? How much Iranian oil money is going into buying nuclear technology? Finally we're boycotting this Iranian oil but China is picking up the slack.
Sources: Energy Information Administration; Bloomberg
I'd love to see the same energy put into rejecting 'blood oil' as is currently being put into 'blood diamonds'. I, for one, will pay an extra dollar a gallon for gas if I can be assured that none of it was bought from the Middle East. I'll buy it from Alaska, the Gulf, Mexico, Canada, even Venezuela but I don't want to continue funding the sworn enemies of the freedoms championed by the US.

Who will join me in paying extra for 'blood-free oil?'

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