Quote:
Originally posted by emcon5
There is some truth to that statement, however the difference is that if the supply of Chinese clothes, Japanese electronics, or German cars suddenly dries up, our economy as a whole does not suffer. If there is a shortage of shirts, the price of the available shirts will rise, due to good old supply and demand. If OPEC jacks up the prices and/or reduces production the cost of everything goes up, as every step of the supply chain for damn near every product now costs more.
As our economy stands right now, oil does not have "desireability", it has long since passed that point. It is now a necessity.
Tom
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So because it's a necessity, and I'd argue your point on that as well, that grants a power to the federal government to go abroad and steal it at gun point, or arrange for others to steal it for us?