Quote:
Originally Posted by Vendzilla
Take your  and use it to Google a little
The middle east has jack shit to do with oil prices, you've just been fed bull shit so long, you're starting to enjoy the flavor.
According to this, Crude Oil and Total Petroleum Imports Top 15 Countries, as of November 2010, the top source of crude oil for the US is?Canada. Followed by Mexico. Indeed, of the top 15 countries that import oil to the US, 51.33% of them are in North America. If we add the rest of the Americas, 60.04% comes from there. If you combined the imports of the ?West? (i.e. Canada and European nations), you have 34.28%. All in all, the United States got over 75% of its crude oil from non Arab states in November of 2010
Often when you hear talk about oil, you would get the impression that the US got all of its oil from the Middle East. If anything, most of it comes from elsewhere. And the biggest exporter of oil to the US is Canada.
The reason european nations prices are different is they get their oil from different places. |
Again, oil is a commodity and supply and demand is only one factor which determines prices. When gas prices went up in the US, they went up all over the world at the same time including major oil producing countries like Russia where retail gas prices doubled.
That simple fact alone shows how out of touch you are and how silly your argument is, given the fact that you went on to make the argument that everyone gets their oil from different sources as evidence that retail gas prices are not connected... uhm.. so obviously there is a common connection in the market beyond what Obama is allegedly manipulating.
As has always been the case, instability in oil producing countries and their regions, causes instability in the market and prices. Its not exactly a something new.
Just because the government tells me the sun rises in the east and sets in the west, doesn't make it not true.