08-31-2005, 05:24 AM
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#2
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Registered User
Join Date: Jul 2002
Location: Maine
Posts: 4,547
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Quote:
Originally Posted by Mr. Sandman
IMO, All we need to do is start pumping from from out own supply anc threaten to reduce the amount we will buy from overseas...once we do that the overseas price will fall deeply, they need our $ for oil, that is all they have. We could control the overseas price via pumping from our supply. Don't think so? What to you think would happen if we suddenly said to the Arabs, we will only need to purchase 1/2 of what we did last year...unless of course we get a favorable price then we might purchase more.
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I couldn't agree more.
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