American’s dependency on foreign oil is astounding. While researching I found it hard to trust many dot gov websites because I wasn’t sure whether their true allegiances would be biased or not. I am afraid that any institutions set up by the government will be subject to lobbying and even possibly have their content restricted. However, a common theme I have come upon is that the US uses a massive amount of oil, most of which is foreign and most of that foreign oil comes from countries that are considered hostile.
According to AmericanProgress.org in 2008 the US imported from 10 hostile countries. This is a big problem. Not many people know where their money is going at the pump. I am a proponent of the idea that there should be a marker on the pump that tells where the oil was purchased. Who knows if our money is going to support terrorism?
I have a vested interest in NOT supporting terrorism as my husband is deployed to Iraq. In 2008 the US bought $23 billion dollars worth of oil from Iraq according to Rebecca Lefton, Daniel J. Weiss of AmericanProgress.org.
The EIA website lists Iraq as one of the 15 top oil import countries for the US. at 470 thousand barrels per day. The current price of a barrel of Iraqi oil 2010 budget for 2011 was about $73. That is $34,310,000 a day or $12,523,150,000 for the year. As gas prices are expected to rise so will the money we send over to this nation we are occupying militarily.
The cost per barrel has proven to go well beyond this projected budgeting and is actually around $117 per gallon (for OPSEC oil according to forex.negocio) and projected to get higher, though these prices vary day by day. We have more than surpassed the projected $73 per barrel. And this money costs us by making the US dependent on foreign nations that are hostile toward us.
http://www.iraq-businessnews.com/2011/01/27/iraq-oil-exports-2010-volume-down-revenue-up/
http://forex.negocio-internacional.net/tag/oil-rates-per-barrel-today-april-20-2011/According to AmericanProgress.org in 2008 the US imported from 10 hostile countries. This is a big problem. Not many people know where their money is going at the pump. I am a proponent of the idea that there should be a marker on the pump that tells where the oil was purchased. Who knows if our money is going to support terrorism?
I have a vested interest in NOT supporting terrorism as my husband is deployed to Iraq. In 2008 the US bought $23 billion dollars worth of oil from Iraq according to Rebecca Lefton, Daniel J. Weiss of AmericanProgress.org.
The EIA website lists Iraq as one of the 15 top oil import countries for the US. at 470 thousand barrels per day. The current price of a barrel of Iraqi oil 2010 budget for 2011 was about $73. That is $34,310,000 a day or $12,523,150,000 for the year. As gas prices are expected to rise so will the money we send over to this nation we are occupying militarily.
The cost per barrel has proven to go well beyond this projected budgeting and is actually around $117 per gallon (for OPSEC oil according to forex.negocio) and projected to get higher, though these prices vary day by day. We have more than surpassed the projected $73 per barrel. And this money costs us by making the US dependent on foreign nations that are hostile toward us.
http://www.iraq-businessnews.com/2011/01/27/iraq-oil-exports-2010-volume-down-revenue-up/
http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html
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