[I]ncreasing production and declining consumption have unexpectedly brought the United States markedly closer to a goal that has tantalized presidents since Richard Nixon: independence from foreign energy sources, a milestone that could reconfigure American foreign policy, the economy and more. In 2011, the country imported just 45 percent of the liquid fuels it used, down from a record high of 60 percent in 2005.
Friday, March 23, 2012
B. H. Obama And J. R. Ewing
Tuesday, January 10, 2012
Will Egypt Be The First Moderate Islamist State?
Thomas Friedman:
Islamist movements have long dominated Iran and Saudi Arabia. Both the ayatollahs in Iran and the Wahhabi Salafists in Saudi Arabia, though, were able to have their ideology and the fruits of modernity, too, because they had vast oil wealth to buy off any contradictions. Saudi Arabia could underutilize its women and impose strict religious mores on its society, banks and schools. Iran’s clerics could snub the world, pursue nuclearization and impose heavy political and religious restrictions. And both could still offer their people improved living standards, because they had oil.
Egypt’s Islamist parties will not have that luxury. They will have to open up to the world, and they seem to be realizing that. Egypt is a net importer of oil. It also imports 40 percent of its food. And tourism constitutes one-tenth of its gross domestic product. With unemployment rampant and the Egyptian pound eroding, Egypt will probably need assistance from the International Monetary Fund, a major injection of foreign investment and a big upgrade in modern education to provide jobs for all those youths who organized last year’s rebellion. Egypt needs to be integrated with the world.
Sunday, April 17, 2011
The Oilist
Discussing foreign policy at a tea party rally in Florida, Donald Trump leapfrogs the realists, neorealists, neoconservatives, isolationists, nation builders, and liberal idealists:He said he’d only be interested in current U.S. military actions in Iraq or Libya if the U.S. got the oil from those nations.
Monday, March 9, 2009
The Thing Is, We Need The Oil
A 75-year-old widow in Saudi Arabia has been sentenced to 40 lashes and four months in jail for mingling with two young men who are not close relatives, drawing new criticism for the kingdom's ultraconservative religious police and judiciary.
