Oil makes us weak.
Oil is inching back to $75.00 a barrel. So? For all the Bush/Cheney bluster about America's strength - actually we have become much weaker in real terms in the last 5 years. Even greater dependence on foreign oil. An obscene national debt. And obscener trade deficit. An over stretched military.
Read this. THe only thing not correct in this piece is when it says "US oil production is flat." In fact, US oil production peaked in 1970 and has been declining ever since.
Read this. THe only thing not correct in this piece is when it says "US oil production is flat." In fact, US oil production peaked in 1970 and has been declining ever since.
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