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John Birch Society Praises Glenn Beck for Promoting Their 'Ideas'

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Spare O'Lake8/06/2010 1:39:00 pm PDT

re: #312 goddamnedfrank

Oil is fungible, but it is not entirely identical. If it costs more to develop and process heavy oil from the Canadian tar sands into gasoline than it does to import light sweet crude from Saudi for our refineries, then the invisible hand of the free market is going to save money and buy oil from the ME. Now if you want the US to nationalize the oil industry, we can discuss your inefficient mandate. Otherwise, it is best to cut back on using oil entirely, instead of paying more to buy from less threatening but still inefficient foreign producers.

The world price of oil is the same for Canadian oil as it is for ME oil (not counting the kickbacks from the sheiks).