4 ms·
US mideast policy had been affected for the as long as I can remember by oil and weapons exports. Especially on oil in the 80's with the Oil Shortages[1]. After
by itissid 8y ago
US mideast policy had been affected for the as long as I can remember by oil and weapons exports. Especially on oil in the 80's with the Oil Shortages[1]. After 2015 congress voted to remove restrictions on Oil production in the US and the boom began.
Now that US policy is largely only about the weapons export will we see a different/better middle east situation in the next 25-30 years?
[1]https://en.wikipedia.org/wiki/1970s_energy_crisis https://en.wikipedia.org/wiki/1970s_energy_crisis
- AbrahamParangi 8y agoAccording to wikipedia: "Since the 1990s, the [US] oil market has been free of most regulations."[1] My understanding was that the US oil boom was caused by technological advances that enabled better exploitation of shale oil deposits. Also according to this graph[2], the boom really starts around 2011-2012, not 2015. [1] https://en.wikipedia.org/wiki/Petroleum_in_the_United_States#cite_note-Energy_Regulations-29 https://en.wikipedia.org/wiki/Petroleum_in_the_United_States... [2] https://en.wikipedia.org/wiki/Petroleum_in_the_United_States#/media/File:Monthly_U.S._field_production_of_crude_oil_(January_1920-August_2018)_(45664259591).png https://en.wikipedia.org/wiki/Petroleum_in_the_United_States...
- totablebanjo 8y agoI think the above poster, itissid, was referring to the US domestic oil export ban which was lifted at the end of 2015.
- stevenwoo 8y agoYou are neglecting two other factors a.) American neoconservatives who have a lot of influence on GOP foreign policy and want regime change in Iran (and think we should do this with military force now) and currently are represented by John Bolton, the current National Security Advisor, and American Christian fundamentalists who believe they need to make parts of Revelations come true by among other things, supporting Israel no matter what, and having the capital of Israel be in Jerusalem.