A Quote by Jo Ann Emerson
Already, China has undermined U.S. foreign policy in efforts to gain access to oil resources in Iran and Sudan. We simply cannot separate the political and economic values of oil.
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There's a huge misconception that it's all about the oil, and the truth is there's actually not much oil left in Abyei. The misperception arose because when the peace agreement was signed in 2005, Abyei accounted for a quarter of Sudan's oil production. Since then, the Permanent Court of Arbitration in The Hague defined major oil fields to lie outside Abyei. They're in the north now, not even up for grabs, and they account for one percent of the oil in Sudan. The idea that it's "oil-rich Abyei" is out of date.
Assuming that Iran could become the only oil producer unable to export its oil is a wrong assumption... The United States will never be able to cut Iran's oil revenues.
By accident of geography, the world's major oil resources are in Shi'ite-dominated areas. Iran's oil is concentrated right near the gulf, which happens to be an Arab area, not Persian. Khuzestan is Arab, has been loyal to Iran, fought with Iran not Iraq during the Iran-Iraq war. This is a potential source of dissension. I would be amazed if there isn't an attempt going on to stir up secessionist elements in Khuzestan.
From the 1920s into the 1940s, Britain's standard of living was supported by oil from Iran. British cars, trucks, and buses ran on cheap Iranian oil. Factories throughout Britain were fueled by oil from Iran. The Royal Navy, which projected British power all over the world, powered its ships with Iranian oil.
Under the current U.S. policy, because of this power struggle, American oil companies can't do business with Iran. So I think the ultimate goal of the U.S. administration in Iran is regime change, to put into power a pro-Western government that will eliminate the strategic challenge to U.S. interests and, at the same time, allow the lifting of sanctions and allowing American oil companies to do business with Iran.
The problem is not the oil, but what they do with the oil. The United States is the biggest spender of oil and of all the planet resources.
It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.
The people see that Wall Street is running our economic policy, that big oil is running our energy policy and the military industrial complex is determining our foreign policy.
If the United States is to protect itself from the economic and the political threats created by this excessive dependence, we must reduce our reliance on foreign energy sources and on foreign oil as quickly and as efficiently as possible.
I can at once refute the statement that the people of the West object to conservation of oil resources. They know that there is a limit to oil supplies and that the time will come when they and the Nation will need this oil much more than it is needed now. There are no half measures in conservation of oil.
The United States is the biggest spender of oil and of all the planet resources. Oil is a very valuable resource for life - electric heaters. We must have to transition ourselves to a post-oil era.
Unlike George Bush and his friends at the big oil companies, I'm going to work for a real energy policy for this country that decreases America's dependence on foreign oil and helps lower the costs to American families.
The U.S. only has 20 billion barrels of oil in reserve. It seems as though there is no more oil around. Venezuela has 300 billion barrels of oil in reserves. Iraq has, like, 150 billion barrels of oil. Iran, close to 300 billion barrels of reserve. Oil for 200 years, of course.
Asia is rising economically - and is thirsty for oil. The price pressures on oil and oil price shocks, due to Asia's economic rise, mean that all steps made now to reduce oil dependence will protect us from pain and volatility later.
For the U.S., the primary interest is our continued access to Saudi Arabian oil in adequate quantities... at an acceptable political as well as economic price.
The Americans have claimed they want to completely stop Iran's oil exports. They don't understand the meaning of this statement, because it has no meaning for Iranian oil not to be exported, while the region's oil is exported.
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