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To: thackney
I'm not sure what we (or any other country) could do about OPEC, but I wish someone who is running for the Republican Nomination would at least address this issue, other than "The Donald" who suggested we could take them on and challenge their stranglehold on production, thus affecting to a degree, the price we all pay.

My suggestion--which I know would never come to pass, but we can dream can't we?--would be that any country which belongs to OPEC would be immediately cut off from any foreign aid.

Secondly, any country who belongs to OPEC and for whom we provide any military defense (our good "buds"--NOT--The Saudis come to mind) we would charge them thru the nose for said protection.

If they balked or refused, then fine. Let them seek same protection from China, some EU Country or even Russia and see how long they last.

6 posted on 06/08/2011 10:00:56 AM PDT by Conservative Vermont Vet (l)
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To: Conservative Vermont Vet
My suggestion--which I know would never come to pass, but we can dream can't we?--would be that any country which belongs to OPEC would be immediately cut off from any foreign aid.

And if OPEC replied with "no oil", what then?

About 40% of our imported oil comes from OPEC.

What we need to do is raise our domestic production. We need to quit believing wildlife sanctuaries take precedence over national security.

10 posted on 06/08/2011 10:09:15 AM PDT by thackney (life is fragile, handle with prayer)
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To: Conservative Vermont Vet
I'm not sure what we (or any other country) could do about OPEC, but I wish someone who is running for the Republican Nomination would at least address this issue, other than "The Donald" who suggested we could take them on and challenge their stranglehold on production, thus affecting to a degree, the price we all pay.

There is only one way to take on OPEC...and that is to significantly increase our own production...and reduce our imports. That means, 'Drill Baby Drill!!!'. Nothing else will have an impact on the oil market.

13 posted on 06/08/2011 10:16:33 AM PDT by NRG1973
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