Now that I think about it your assertion earlier regarding my "oil disruption chart" is also flawed, as that would mean all production within a nation would be disrupted. If that were true it would be bring the war in Libya to a grinding halt.
Also Nigeria produces more oil than Libya does and as well as more LSC so why aren't we involved Nigeria then hmm? We also get plenty of LSC from Mexico and Canada and produce plenty of it ourselves.
Since we do buy sour crude as a matter of fact more than we do we rely on Persian Gulf for oil from Saudi Arabia, Kuwait, and the UAE. If anything strategically we should be more worried about what`s going on in Bahrain than Libya.
Tuesday, March 29, 2011 5:44:11 AM
vv My point exactly @cajun! This is WAR not 'response to a threat` at all. Bush was HUGELY criticized by the MSM for his wars even though he asked (and recieved) congressional approval. Bi-Partisan approval I might add! Obama? NOT!
That`s the WHOLE POINT of this video, the very definition of hypocracy, a sad state of affairs...
Tuesday, March 29, 2011 3:53:51 AM
5Cats: The 'Threat` is to our economy and by that metric Obama`s chances at getting re-elected are threatened as well.
Obama wants the economy to improve, as it did for Bill Clinton, If it doesn`t he will face the specter of a famous Reagan line "Are you better off now than you were 4 years ago?" which will lead to his defeat in 2012.
Fuel price increases lead to inflation in most other sectors of our economy and the Fed has no more room left to lower interest rates to combat it.
This war is about oil, Obama knows it`s also about his re-election campaign. He will not get elected if gasoline goes over $5 a gallon, which would then trigger double digit inflation. He has to get rid of Gaddafi fast or he`s doomed to be another Jimmy Carter.