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The oil barrierReader comment on item: [Symposium on] The U.S. and Israel Submitted by Paul B. (United States), Mar 13, 2012 at 16:28 The "daylight" between Israel and the U.S. is unfortunately not filled with air, but with oil. The more we and the world keep shipping boatloads of petrodollars. This excludes the rest of the world, who's oil appetites are increasing. We import 39% of our oil from "dangerous or unstable" nations. We currently send about $1.5 billion a day overseas with today's prices. Our annual oil debt has been greater than out trade deficit with China since 2008.
It's not daylight that's keeping us apart, it's oil. We should start taxing it to wean us from our addiction, and use those taxes internally. Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments". Reader comments (34) on this item
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