Forums → WEPR → whats your opinion on the oil problem in the usa

The USA doesn't provide enough domestically, which would lead to reliance on the OECD nations. Which isn't good, because the OECD is a monopoly. I won't bother going into the finer points of a monopoly, but the OECD has a nasty track record of allowing prices to rise and maintain.

So I would advocate a diversification, to get rid of this reliance. Also, because oil isn't going to last forever, and because of climate problems.

finer points of a monopoly

good comment that is a god comment but how do u think the iranians taling over the strait of harmoose will efect the oil prices

sry taking over the strait of harmoose

Of course, what do you think? By embargoing them, and boycotting their oil, you're reducing your supply of oil, which would lead to an increase in prices ceteris parbius. The degree of increase is still dependant on how much oil you import from Iran though, and how readily you can switch to other oil exporting countries.

And it has led to Iran stating that they would immediately cut off oil exports to the EU.

yes what i just dont get is we have the strongest army in the world and we just dont tak over iran or some were over their that would take care of supply and cost

yes what i just dont get is we have the strongest army in the world and we just dont tak over iran or some were over their that would take care of supply and cost

yes but mayb we could buy the land than idk im askin all who read this 2 tell me how the usa could get out of this situation were in

You can't just buy land off a country, and I'm sure they wouldn't let you do so. It's much too important to them, since it makes their monopole.

yes that is correct but if the us dont do somthing than we will have 2 takeover a country 2 supply ourselves

Another war would just ruin your country's economy. You have better chances to try to switch to other power sources than to start a global conflict.

than we will have 2 takeover a country 2 supply ourselves

Another war would just ruin your country's economy. You have better chances to try to switch to other power sources than to start a global conflict.

i kno but when it comes down 2 it the guy with the bigger army wins thats the truth and u kno it

Er yeah. Assuming America even has the stomach to fight another war.

When I said ''Might is Right'', it wasn't referring to who would win, but rather the concept that nothing else matters but force. A very realist concept if you ask me.