Germany is on the USA's side of the oil business

[Mark Wright AIA]

Howdy
Two more wrinkles:

--- vze422fs at verizon.net wrote:
But, if he controls the oil fields, we could see $10 oil. The
> Russians,
> > who are now shipping oil to Texas won't like that. Neither will
> Saudi
> > Arabia. But Germany won't cry. Germany, with no oil, is on the
> USA's
> > side of the oil business. 

"Texans" (meaning the owners of oil reserves) like it when oil is
expensive, not when it is cheap. A government synthesizing corporate
concerns probably wants oil prices stable but on the high side. Don't
hold your breath waiting for $10 oil -- you won't last.
Environmentalists shouldn't want it cheap either: burning oil ought to
cost you plenty.

> I would point out that the U.S
> has something that Germany does not: massive oil reserves of our own.
> It's
> cheap to import oil to fuel cars; leaving petroleum to fuel tanks,
> planes,
> ships etc. in the control of the U.S. military. It's hard to invade
> without diesel fuel.

Looking at the big picture, perhaps the US's most advantageous
long-term play is to buy oil from elsewhere while it is relatively
inexpensive, raising the relative value of our own unconsumed reserves.
Oil will one day soon (perhaps within 100 years? I don't know) become
far too precious to burn. It will be a strategic mineral of sorts, like
cobalt or chromium. With this in mind it is hard to see why Bush would
want to drill for more of our own oil now, unless he wants the
"short-end money" for his chums. We need a President with "the thousand
yard stare" and we've got somebody looking no further than the end of
his own arm.

Making a purely utilitarian self-interested argument, for discussion's
sake, of course... 

Mark

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