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To: InterceptPoint
The problem is that there is no such thing as "energy self-sufficiency" in the U.S. without some dramatic changes in government fiscal policy. Unless the U.S. dollar strengthens against other world currencies, we'll likely end up in a situation where U.S. oil reserves are tapped and oil is produced in abundance -- but with increasing amounts of it getting exported to other countries.

With the U.S. maintaining long-term trade deficits with almost every country in the world, those countries have a lot of U.S. dollars to invest and will likely end up using them to buy our oil.

6 posted on 11/26/2011 8:58:03 AM PST by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
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To: Alberta's Child

Even if that happens, see No. 7.


12 posted on 11/26/2011 1:03:28 PM PST by Eleutheria5 (Diplomacy is war by other means.)
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