If OPEC has a treaty to supply us and violates it, we should attack. Frankly, we need to drill for our own oil.
darknessesedge is right. (first answer)
2007-06-01 07:05:44
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answer #1
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answered by Curt 4
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These are all radical ideas. If OPEC hypothetically decides to stop oil exports to the U.S. we would be just fine because we have enough oil in the oil reserves to last us for the next 100 years. We could stop exporting oil to other countries and feed our own face, but our economy would struggle. The fact is that OPEC will not stop selling oil to us because they need our money to buy the big expensive cars to drive in the desert.
2007-06-01 07:14:04
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answer #2
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answered by Anonymous
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Read on! The problem is that most people do not understand supply and demand economics and what the structure is of the cost of gas per gallon. Do you know that we are using more oil now than EVER before! People are driving at an alarming rate. Do you realize how much petroleum’s used in making plastics and then how many things we use are made of plastics? The oil company makes about 9 cents a gallon as profit. The rest is made up of Federal and State taxes, the cost of exploration and production, Refining and then the cost of the additives that we have to put in the gas (we call it designer gas, thanks to the environmentalist wacko's). Do you know that we have not built a refinery in almost 40 years? (thanks again environmentalist). The refineries that we have are working at capacity and that is not enough to keep up with demand. Do you know that we hardly get any oil from the Middle East? Most people think that is where it all comes from. Not true. We get our oil form Canada, Mexico, Venezuela and Africa, in that order. What we get from Saudi is a very small %. You want the cost of gas to drop....STOP driving, open up the ANWR for drilling and off our coasts (thanks again environmentalist) OR come up with an alternate fuel.
2007-06-01 06:57:07
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answer #3
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answered by Anonymous
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You have a very good question, China and India could easily support OPEC since they can afford cars and have billions of people to buy gas. The U.S should drill for oil anywhere we find it and continue to explore for more oil.
2007-06-01 07:02:50
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answer #4
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answered by Steel Rain 7
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till you have thoroughly settled the finance, the automobile isn't yours. It belongs to the finance organisation. in case you have been to sell the automobile, that would desire to be seen the two fraud or theft via the finance organisation and/or the Police. the two conviction would desire to bring about a penal complex sentence, and a criminal checklist which will harm your employment opportunities for the the remainder of your existence. besides, you will nonetheless be in probability of pay the the remainder of the finance. in case you stopped the money the finance organisation will inspect, and would take you to courtroom. you will no longer win that case. Failure to maintain up the money will harm your credit, which will make it extra problematical which you would be able to get any style of credit interior the destiny (e.g. electricity or gasoline account, cellular telephone settlement, yet another automobile own loan, a loan, a mastercard or shop card, and so on.). while you're wanting money, you ought to telephone the finance organisation to describe the placement. you may then get their permission to sell the automobile, yet which would be on the expertise which you utilize the money from the sale to settle the finance. Ask them for a settlement discern. you ought to observe that in case you purchased the automobile new or very nearly new with a small deposit, the settlement discern from the finance organisation would be extra desirable than the present re-sale fee of the automobile. Any sensible client will do an HPI verify formerly paying on your automobile, which will take place that there is finance magnificent on the automobile. ought to you sell the automobile with out clearing the finance, the finance organisation are interior of their rights to repossess the automobile from the client. In that experience, the client will probable chase you for a reimbursement, and in case you do no longer pay up would desire to take you to courtroom. A County courtroom Judgement against you will further harm your credit.
2016-11-03 08:08:13
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answer #5
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answered by ? 4
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Why should we wait for them to decide
We should be using alternative fuels
in combination with our own oil
NOW!!!
web search
1973 oil crisis
OPEC oil embargo
2007-06-01 07:04:43
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answer #6
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answered by ! 6
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Well, it won't.
The leaders in the Middle East are far too corrupt and love money TOO much to stop selling the US oil.
2007-06-01 06:54:23
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answer #7
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answered by Waiting and Wishing 6
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we got a bunch of oil in alaska and the gulf. Hell we're still using the oil from the beverly hillbillies.
2007-06-01 06:54:24
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answer #8
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answered by Chippy 2
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the opec nations economies would collapse..
2007-06-01 06:54:16
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answer #9
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answered by Anonymous
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the same thing we are doing now go to war
2007-06-01 06:57:14
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answer #10
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answered by billc4u 7
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