Apologies. I wasn’t aware of the rules. See you in the “Great Debates”
:smack:
Someone sent me this link as a source of information on the boycott of certain oil companies. This site says that they get their information from the Department of Energy.
Zoe, that link is full of hysterical crap designed to mislead and incite hatred. It contains graphs showing that a lot of oil is imported from the Persian Gulf. Not much of a surprise considering that’s where most of the oil just happens to be.
Oh yeah, boycott French products!!?! That’s put a stop to their fiendish terrorist plans. No more lethal “camembert bombs,” for example.
Anyway, the question is about to become irrelevant as all of the middle east’s oil production will soon be in the hands of a few American corporations anyway.
:dubious:
That oil boycott idea is a laugher.
Oil is not produced like a product, it’s a commodity, a finite natural resource. A country can increase or decease the rate of exhaust, but they can’t make more of it. If they sell more today, they can not sell as much later and vice versa.
If you want to boycott, boycott the commodity. Drive less and get a more fuel efficent car.
Cite? The figure I’m accustomed to is close to 50%. And oil resources in most other places are drying out - meanwhile, Saudi Arabia is estimated to have enough oil to keep pumping it out for several hundred more years at the current rate of production.
I agree with aahala’s answer, but I’d also add that OPEC would probably just cut prices if this really happened, thus increasing sales.
The funny thing is that when I read the title, my first thought was “I didn’t even know there was oil drilling in Maine.”
Sinclair? Sinclair still exists? I haven’t seen a Sinclair station since the 1960s! I thought they got bought out eons ago. Used to have a sign with a green dinosaur on it. Appropriate for an extinct brand, I guess.
Have they been around all this time in some locale I’ve never visited, or did the company that bought them out bring the trademark out of retirement, or what?
I did a few minutes of searching, and found the number to be more like 24% of US oil coming from the mid-east.
From snopes:
"It is true that Hess has little or no dealings with Middle Eastern countries, as their exploration and production activities take place primarily in the United States, the United Kingdom, Norway, Denmark, Equatorial Guinea, Gabon, Algeria, Thailand, Malaysia, Indonesia, Azerbaijan, Brazil and Colombia. "
Thank god! It’s not like there’s any terrorism in Algeria, Indonesia, or Colombia. All perfectly upstanding governments, too. At least we can all sleep comfortably tonight.
Or about 24% of total imports.
From here:
Figures are percentage of total U.S. domestic product supplied for November 2002:
- Canada: 11.2
- Saudi Arabia: 9.3
- Mexico: 8.1
- Nigeria: 4.1
- Iraq: 3.0
- United Kingdom: 2.4
- Venezuela: 2.0
- Algeria: 1.5
- Angola: 1.0
- Norway: 1.0
Other: 11.0
Total: 54.9
OPEC Countries: 21.3
Persian Gulf Countries: 13.6
That’s about 24% of import. It works out to 12-13% of total supply.
Lies, damned lies, and statistics.
Guess I should’ve read it a little bit more closely.
Thanks Colibri