Originally Posted by
JohnBurke
Who is the No. 1 supplier of cruide oil to the USA?
The USA.
Go figure.
Of the 13 OPEC nations, how many are in the middle east?
Five.
Go figure.
Oil is fungible though; constricted supply will jack up the price worldwide.
Unless it's WWIII. The US famously "floated to victory on a sea of oil" in WWII.
Nice to think that the US will have plenty of oil for domestic consumption if the balloon goes up.