3 ms·
How many trillions of dollars has the USA saved on oil costs by keeping the middle east in a constant state of turmoil, though? https://www.cfr.org/timeline/oi
by t0mbstone 6y ago
How many trillions of dollars has the USA saved on oil costs by keeping the middle east in a constant state of turmoil, though?
https://www.cfr.org/timeline/oil-dependence-and-us-foreign-policy https://www.cfr.org/timeline/oil-dependence-and-us-foreign-p...
- nibepins 6y agoThat's a great question
- nickff 6y agoIt would have been much cheaper to buy off the Hussein family, and play them against the Iranians if cheap oil was the objective.
- notsureaboutpg 6y ago...the US did do this... it's what led to the Iran-Iraq War
- stuntkite 6y agoyeesh... I mean, not that that data point isn't important but fucking hell is that grim.
- SpicyLemonZest 6y agoIt can't be all that many, since the US is now a net exporter.
- boomboomsubban 6y ago20 years later, after importing around 4 billion net barrels per year for that period. We now had seven months where we shipped around ten million more barrels per month than we imported. Back to a net importer as of May though. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTTNTUS2&f=M https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M...
- CyberDildonics 6y agoEach trillion dollars is about $10,000 per US tax payer and turmoil typically means less production, which means lower supply and higher prices.
- AtlasBarfed 6y agoThe US would have done shale oil more quickly. But thank you for pointing out that the military is a gigantic subsidy for the oil industry.