Thackney, while I appreciate your presentation of this information, it was none the less within the power of the Middle-East oil cartel to cause major disruption in U. S. oil supplies. If the embargo was not the cause of this, as you say because supplies were only slightly interrupted, the potential was still there.
Are you trying to say you would like us to be back in a situation where a group could cause extreme economic disruption in the U. S.?
As I said in my previous reply, I don’t think you believe that. I obviously can’t speak for you on that point.
Actually, they don't. The global market is too large, and they are too dependent on the dollars.
Are you trying to say you would like us to be back in a situation where a group could cause extreme economic disruption in the U. S.?
You continue to ignore that group was our own government. And you want to add to their influence.
If OPEC doesn't want to sell oil to the US, North Sea suppliers can add a dollar to their price, ships us theirs and buy from OPEC at a discount.
You should really try reading the link about the embargo. It is only a page summery and not that difficult to understand.