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We only get 18.7% from the Middle East (October 2001). The only thing that would happen if they cut off the oil is it would make us madder and more determined. Saddam has no clue of what he speaks or the mood America is in.

If your statistic is correct, you have a point...but I think you are missing something...

CONSUMER CONFIDENCE

Even though we don't depend 100% on mid east oil...what would happen to oil prices? Consumer Confidence?

2/3 of the US Economy is consumer confidence driven!

Just a thought.

Franklin

We only get 18.7% from the Middle East (October 2001). The only thing that would happen if they cut off the oil is it would make us madder and more determined. Saddam has no clue of what he speaks or the mood America is in.

The other side of the coin is that 13.8% of oil produced by countries in the Persian Gulf went to the US in that same month (although that figure is typically a little higher). Do they want to give up that much of their market? Additionally, Saddam has nothing to lose with these statements since we are not buying any oil from him anyway - only the rest of the Arabs have something to lose if they follow his idiotic ideas.