What would happen if all oil rich countrys would not let america have there oil....?

Answer 1

we come up with a reason we don't like them, like they hate freedom or something and then we would invade them and send thousands of troops ( some of whom are not even old enough to drink) to die all for oil profits.

Answer 2

Firstly such a move would be counterproductive to the oil producing countries and beneficial to others.
If oil producing countries refused to sell to America, they would remove the largest buyer from the market. Other countries would step in to buy oil and then pass it onto the US. Obviously a profit margin would be incurred by the third party - reducing the overall demand for oil worldwide. This would force oil producers to either lower prices or production, either way making less money.
The effect on the US would be slightly higher oil prices. The effect on the US economy would be negative but probably not too large. Further pushes for more energy independency (through either moving to alternative sources or exploring other oil reserves) would promote investment in new areas. The US economy has been resilient in the face of oil price changes before.

Answer 3

In 1973 the Oil Producers reduced the Oil flow to the West and what happened is well documented ... Inflation shot up to 20% .. Interest rates spiked over night, many companies and businesses closed and unemployment reached huge numbers.

Countries like the UK brought in a 3 days working week and switched off the TV signal by 10 pm (to get people to sleep early and conserve energy).

This was the result when the Oil Flow was reduced.

Imagine how fkd the West would get if the flow was cut off ?

Answer 4

My guess is prices would jump dramatically in the short term and during that time, we'd switch rapidly from gasoline to biofuels (like in Brazil). I think cars can even be retrofitted for this purpose. We wouldn't stop driving and the Middle Eastern/South American countries would lose a lot of money.

So we win.

Answer 5

They would finally release all these other energy resource options they've been working on but never released because they make to much money off of oil right now.

Answer 6

then those countries would have a huge backlog of oil and not have anyone to buy it. Making those people poor with a huge amount of supply. Those people love money more than dislike the US.

Answer 7

we would be compelled to drill in the Artic National Wildlife Reserve, adopt new methods for extracting minimal deposits located within the contiguous U.S. states, create new coal gasification plants, improve and renew use of nuclear resources, create more wind plants and solar fields, use more water turbines and in short, learn to ride bikes, create and enforce the use of public transportation and alternate fuel sources and remember how to walk to where we want to go.

i choose to believe that our nation, while it has problems, is NOT an evil country that would impose our will on others for their natural resources, but instead would use the resources that are within our control to achieve the levels of need we have.

Answer 8

I suppose this will force the US to come up with alternative means of "oiling" up.

Answer 9

Mikey, you're right. I remember those days. We had a gas station at the time. One thing you must know and remember, the U.S. has a stock pile of it's own. Life as we know it now would change dramatically, but we would go on.

Answer 10

...there is enough oil in Canada and Mexico to fulfill our needs, however, it's a big pain in the butt to have it processed and turned into usable fuel(s)... prices would go out the roof and you'd drive a little less until we placed alternative fuels out there...