Originally Posted by antarius
Well no, not exactly short term - but not long term either. If it were up to me I'd say we start preparing and searching for more of our own oil sources, regardless how "miniscule" you think it may be. (Look, even 219million barrels per year is $6,700,000,000) while we continue to lower our consumption and search for other means of viable energy.
Sitting back and betting on one side or the other, or just flat out refusing to do anything about it because it's not going to give enough to our economy is pointless. I personally would rather see $6b go back into my economy rather than Saudi Arabia's or Iran's.
its economically better to buy something we have less of from someone who has lots of it. better than scrounging for every bit of oil here.