Thank you

[Toad]

The OPEC minister will look you in the eyes and state:
" We are at war with you infidels. Have been since
the embargo in the 1970s. You are so arrogant you
haven't even recognized it. You have more missiles,
bombs, and technology; so we are fighting with the
best weapon we have and extracting on a net basis
about $700 billion/year out of your economy. We will
destroy you! Death to the infidels!
While I am here I would like to thank you for the
following: Not developing your 250-300 year supply of oil
shale and tarsands. we know if you did this, it
would create millions of jobs for US citizens,
expand your engineering capabilities, and keep the
wealth in the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:country-region w:st="on"><st1:place w:st="on">US</st1:place></st1:country-region> instead of sending it to us to
finance our war against you.

Thanks for limiting defense dept. purchases of
oilsands from your neighbors to the north. We love
it when you confuse your allies.

Thanks for over regulating every segment of your
economy and thus delaying, by decades, the
development of alternate fuel technologies.

Thanks for limiting drilling off your coasts, in
<st1:State w:st="on"><st1:place w:st="on">Alaska</st1:place></st1:State>, and anywhere there is a bug, bird, fish, or
plant that might be inconvenienced. Better that your
people suffer! Glad to see our lobbying efforts have
been so effective.

Corn based Ethanol. Praise Allah for this sham
program! Perhaps you will destroy yourself from the
inside with theses types of policies. This is a gift
from Allah, praise his name! We never would have
thought of this one! This is better than when you
pay your farmers NOT TO GROW FOOD. Have them use
more energy to create less energy, and
simultaneously drive food prices through the roof.
Thank you US Congress!!!!

And finally, we appreciate you letting us fleece
you without end. You will be glad to know we have
been accumulating shares in your banks, real estate,
and publicly held companies. We also finance a good
portion of your debt and now manipulate your
markets, currency, and economies to our benefit.

THANK YOU <st1:country-region w:st="on"><st1:place w:st="on">AMERICA</st1:place></st1:country-region>!" AMERICAN VOTERS SHOULD EXPECIALLY THANK YOUR USELESS SENATORS AND REPRESENTATIVES THAT HAVE LEAD YOU DOWN THIS PATH. YOUR GOVERNMENT IS GROWING AND WILL CONTINUE TO GROW. IF WE DON'T BURY YOU YOUR GREEDY GOVERNMENT WILL!

Smoke1

[Crestliner]

WOW! Talk about hitting the nail on the head!!! What1

[seabass]

WOW! Talk about hitting the nail on the head!!! What1

Agree1 Mad1

[pondhopper]

Cute but there is more false stuff in that than truth.

http://photos1.blogger.com/blogger/297/1413/400/oilimports05.jpg


http://wcco.com/seenon/Good.Question.oil.2.367558.html

<H2>Good Question: Where Does Our Oil Come From?

by Ben Tracy

(WCCO) In an average day, Americans pump more than 325 million gallons of gas into their cars and trucks.

Only about 40 percent of that oil comes from the United States. The rest of it is called "foreign" oil. But where does the oil really come from?

Most people think most of the oil comes from the Middle East, said one man at a gas station in St. Paul said.

But this is perhaps one of the great fuel fallacies. In fact, the two single largest foreign oil suppliers for the United States are its two closest neighbors, Canada and Mexico. Oil from those countries makes up about 35 percent of the supply.

After that is Venezuela and Saudi Arabia. The United States actually gets just as much oil from Africa as from the Middle East. In Minnesota, 80 percent of our oil comes from Canada.

However, Dr. Akshay Rao, who teaches at the Carlson School of Management at the University of Minnesota, said oil does not really come from any particular country.

"We generally buy from a world market," said Rao. "We do not bid on oil from a particular country."

That's because oil is a commodity. Oil producers provide it to the world market. The price goes up and down based on supply and demand. That's why there is one price for a barrel of oil and not several from each oil-producing country.

"You don't necessarily know where the oil is going to come from anymore than the seller knows where the oil that he or she has put up for sale is going to go," said Rao.

We find out once it's shipped because the United States tracks imports.

So is it merely a coincidence that Canada and Mexico are the two largest suppliers?

No, Rao said. "There are advantages of shipping costs once it is purchased."

After we buy oil on the market, a supplier figures out the cheapest way to get it to us. Because of their proximity, Canadian and Mexican oil is often more cost-effective.

While 60 percent of our oil is foreign, it is true that the United States actually exports some of its domestic oil. We export as much as 1 million barrels of oil per month. However, much of that is sent Canada where it is refined and then sent back.
(© MMVI, CBS Broadcasting Inc. All Rights Reserved.)
</H2>http://blogs.chron.com/lorensteffy/2008/04/where_does_our.html
<H3>Where does our oil come from?

Robert Rapier at the R-Squared Energy Blog has compiled a list of our Top 10 sources for oil imports (http://i-r-squared.blogspot.com/2008/04/where-our-oil-imports-come-from.html).

They are:
1. Canada 680,533 million barrels
2. Saudi Arabia 530,245
3. Mexico 514,480
4. Venezuela 419,841
5. Nigeria 394,856
6. Angola 181,215
7. Iraq 177,009
8. Algeria 161,755
9. Ecuador 72,138
10. Kuwait 64,306
The data is compiled from a broader report (http://tonto.eia.doe.gov/dnav/pet/pet_move_impcus_a2_nus_epc0_im0_mbbl_a.htm) issued by the Energy Information Agency.
</H3>http://www1.eere.energy.gov/vehiclesandfuels/facts/favorites/fcvt_fotw192.html

<H1>Fact #192: November 26, 2001
Where Does Our Imported Oil Come From?

The top 10 countries from which the United States imports oil are listed in the graph below. Imports from these countries made up about 79% of U.S. oil imports during the first 8 months of 2001. Four are members of the Organization for Petroleum Exporting Countries (OPEC).
Top 10 Countries from Which the United States Imports Oill
(8-month average for 2001)
http://www.eere.energy.gov/vehiclesandfuels/images/facts/fotw192.gif

Supporting Information

<TABLE class=data cellSpacing=0 cellPadding=3 width="50%" align=center><CAPTION>Top Ten Countries from Which the United States Imports Oil 2001 8-month average
(thousand barrels per day)</CAPTION><TBODY><TR><TH class=left>Canada</TH><TD>1,784</TD></TR><TR><TH class=left>Saudi Arabia*</TH><TD>1,758</TD></TR><TR><TH class=left>Venezuela*</TH><TD>1,617</TD></TR><TR><TH class=left>Mexico</TH><TD>1,355</TD></TR><TR><TH class=left>Nigeria*</TH><TD>894</TD></TR><TR><TH class=left>Iraq*</TH><TD>619</TD></TR><TR><TH class=left>Norway</TH><TD>362</TD></TR><TR><TH class=left>Angola</TH><TD>341</TD></TR><TR><TH class=left>United Kingdom</TH><TD>308</TD></TR><TR><TH class=left>Colombia</TH><TD>288</TD></TR><TR><TD colSpan=2>*OPEC members
Source: U.S. Department of Energy, Energy Information Administration, Monthly Energy Review, October 2001, Table 3.3.
</TD></TR></TBODY></TABLE>
Return to Favorite Facts of the Week (http://www1.eere.energy.gov/vehiclesandfuels/facts/favorites/index.html)

</H1>

[pondhopper]

All those figures are 2007 or earlier. Canada and Mexico have gained ground in our imports since and Venezuala has been reduced from about 13% to less than 2% as a result of our fued with Chavez.

[seabass]

Thumbsup good info PHThanks1 ...i think its time we start drillin our own and move to alternatives.Beerchug

[Toad]

I agree with you pondhopper but cut our imports by 10%-15% which we are still getting from the Middle East and then what do we do? BTW there is no false information in my 1st post. It ain't cute...it's the truth.

We need to develope our own resourses which our government does not seem to want to do. Won't necessarily bring the price down because price of oil is based on world demand.