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Old 02-16-2011, 04:37 PM
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Default To see what the effect would be on non USA crude suppliers

all Obama would have to do is announce that the USA is embarking upon an AGGRESSIVE pursuit of oil from wells on USA property with the objective to cut oil imports by 50% in 5 years or less.

Cut off the subsidies to non USA oil companies and offer a like amount as incentive to domestic oil production.
Announce to the world that the country that uses the most oil in the world is going to initiate/sponsor/subsidize any and all DOMESTIC technologies that replace/displace the use of imported oil.

Then have Obama put his political spin on the subject further stating these aggressive actions will in turn ease the pressures of oil supply on other emerging countries/economies.

The reaction would be immediate.

Oh darn, I just woke up!! It was/is a hell of a dream.....eh? And oh so easy to make a reality.
The only down side I can see in the whole scheme is Obama just might get re-elected if he did ANYTHING close to the above!!

btk