Quote:
|
Originally Posted by aklim
Now if we had our own oil supply, even for 3 yrs, we could tough it out, couldn't we? An argument for having our own supply. Still, do you assume for 1 moment that the other states are going to idly sit by and let Iran block the money coming in? I think their threat is just saber rattling. Oil don't go out, money don't come in. What will Saudi and other states there do? Just sit by passively and shut down their bread and butter. Open up a casino? Water Park?
|
It most likely wouldn't be permanent, but even a few minutes would be enough for oil to skyrocket. Are you saying it wouldn't cause any havoc? Iran is the most powerful country in the ME (probably after Israel) and there's not a damn thing SA or any other Arab country could do. I'm sure the US navy could resume control of the strait eventually, but not until after oil prices had gone through the roof and caused widespread panic.
Again we do have our own supply, don't we? Or have you already forgotten that inconvenient fact? We just consume way too damn much to ever stop being dependent on imports. What's more, oil is priced internationally. Even if our own oil supply isn't interrupted, oil prices will certainly skyrocket for everyone if war breaks out there.