re: #288 lostlakehiker

We can easily cut imports from ME sources immediately, and offset those reductions by imports from non-ME sources. But so what? Those we import from would export less to other countries, which in turn would import more from the ME instead. Upshot? Higher transportation costs for all, but other than that, both ME and non ME oil producers sell the same amount of oil as they would have, and at essentially the same price.

This achieves nothing.

It acheives Obama’s stated policy of ending US dependence on ME oil.