Quote:
Originally Posted by joethiesmanfan
Drilling for oil got your vote. we could nerver compete on a teh World market wiht teh arabs no matter hiow much oil we find.
1. Oil is cheaper for them to produce at a higher quality.
2. They don't need for us to buy their oil to get our money. The Chinese will buy their oil with our money. India will buy their oil with the money they make form our jobs.
3. Our advantage over our enemies is technology. We need to use technology to win this battle.
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The West invented oil production. Middle Eastern countries still use Western contractors to run many of their oil fields. You don't know if it would be cheaper for VA to produce oil since there hasn't been a discovery yet. For all we know there could be a large basin of light sweet crude on the continental shelf. You seem to forget that we buy most of our oil from Canada and Mexico, not the Saudis. How would it not be cheaper for Virginians to get oil off our own coast, than to ship it from the Mid-East or truck it in?
Yes, you do have a point with the dollar. There is a double edged sword to having the world flooded with US dollars. Our exports are cheaper. What we export besides our factories and jobs, I don't know? That is the theory though. You'll get no arguement from me about the weak dollar.
Technology will only get you so far. The US doesn't have the market locked up on intelligent people. The Russians have a better space program right now. Also, that technology does us no good if it's never used. High priced weapons platforms are a waste of tax dollars IMO. Why buy all of this fancy crap that we'll never use? IMO nothing beats the bayonet, fire, and the will to use them both on your enemies without mercy.