A Quote by Deng Xiaoping
There is oil in the Middle East there is rare earth in China.
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Controlled Middle East oil, it would control the world. This oil represents 65 percent of world oil reserves. Therefore, America believes if it squashed Iraq, it would control the oil of the Middle East and consequently hold the oil in its hands [and] fix its price the way it likes.
I think the public is very reluctant to get involved in more foreign wars, especially in the Middle East. And they understand, implicitly, that we go to war in the Middle East because of oil. And if we don't want to go to war in the Middle East, then we have to do something about the oil problem. And I think that view is gaining ground in the U.S.
For decades, our dependence on OPEC oil has dictated our national security decisions and tied us up in the Middle East at an incredible price. We've spent more than $5 trillion and thousands of American soldiers have died securing Middle East oil.
We're not in the middle east to bring sweetness and light to the whole world. That's nonsense. We're in the middle east because we and our European friends and our European non-friends depend on something that comes from the middle east, namely oil.
Israel is the American watchdog in the Middle East, and that's why the Palestinians remain victims of one of the longest military occupations. They don't have oil. If they were the Saudis, they wouldn't be in the position they are now. But they have the power of being able to upset the imperial order in the Middle East.
If U.S. mistakes in the Middle East helped Putin raise Russia's global profile, China's missteps and hubris in East and Southeast Asia, once called Indo-China, have opened up new spaces for India's profile to be raised.
Historically, the argument is we stole the country from the Indians. America stole the labor of African Americans for over 200 years under slavery. America took half of Mexico by force in the Mexican War. American foreign policy, the progressives say it's based on theft. Why? Because look, America is very active in the Middle East. Why? The Middle East has oil. Notice that America doesn't get involved in Haiti or Rwanda because they don't have any oil.
In addition, each barrel of oil we save through conservation further decreases our dangerous reliance on unstable Middle East oil.
The Middle East is not part of the world that plays by Las Vegas rules: What happens in the Middle East is not going to stay in the Middle East.
Oil remains fundamentally a government business. While many regions of the world offer great oil opportunities, the Middle East with two-thirds of the world's oil and the lowest cost, is still where the prize ultimately lies, even though companies are anxious for greater access there, progress continues to be slow.
The BRIC countries - Brazil, India, China, Turkey, South Africa, Indonesia even, and Russia - are now new actors. Over the last eight years, China multiplied by seven its economic presence and penetration in the Middle East. And if this happens on economic terms and there is a shift towards the East, the relationship between these countries and Israel is completely different from the United States. And it means that the challenges are going to be different, because China is not supporting Israel the way the U.S. are supporting Israel.
Soaring prices for crude oil, falling production surpluses, wild speculation in commodities, a rush into the precious metals, turmoil in the Middle East, assertive oil producers: it is 1973-74 all over again, and at dictation speed.
The oil industry fought hard to keep Keystone alive, making wildly exaggerated claims that the pipeline - the country's largest infrastructure project - would create tens of thousands of jobs and decrease America's reliance on oil from the Middle East.
Even if America tomorrow - and it won't happen overnight - but if we did reduce our demand for gas and natural gas and crude oil by a significant degree, that does have an exponential effect on producers in the Middle East, everything else being equal. But if China's demand is growing and India's demand is growing, they are not going back.
Oil is a tangible commodity, so there is a global market. The fact that we may need less may affect the global price because we're big consumers: we probably take about a quarter of global demand. But if suddenly, let's just use a crazy example, fighting in the Middle East led to the closure of the Strait of Hormuz and no oil could get out through the Strait of Hormuz, well that would affect China, India, Europe, it will affect the whole global economy. It will affect us, too, then.
As long as the United States - and the world - gets its oil from the Middle East, we will be drawn into the endless crises that seem endemic to the region. American energy independence would not only liberate us, it would also drive down the worldwide price of oil.
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