ACC-2109January_Newsletter_p

ACC-2109January_Newsletter_p - Nice to have. ..except they,...

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Page -9- Please note in the above listing that there are only two countries, comprising only 14% of the worlds top ten production that are overtly friendly to the United States. (Though there would be some who would argue that Mexico is really not that friendly.) If the moderate Arab nations were somehow convinced to join in the declared Jihad against Israel and the U.S. being pushed by radical Islam/Iran, then Russia and its declared allies would control over 79% of the top oil production in the world. Not good news strategically. On the other side of the coin, the following is a listing of the top 10 oil importing countries: Top Ten Oil Importing Countries (All potential allies except China) United States (11.8 million barrels per day) Japan (5.3) China (2.9) Germany (2.5) South Korea (2.1) France (2.0) Italy (1.7) Spain (1.6) India (1.5) Taiwan (1.0) Please note that all of them are current allies of the United States, except China.
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Unformatted text preview: Nice to have. ..except they, just like the U.S., are all dependent upon foreign oil. Again, not good strategically in case of a global war. Some other points to consider: * Russia has extensively developed its oil/natural gas reserves and production over the last 20 years. *Russia has developed a lot of Oil production/export “friends” over the last 10 years. Compare this with the following: *The U.S. has curtailed almost all development of its extensive oil/natural gas reserves and production over the last 20 years. *US has a lot of “Friends” that are Oil import dependent. Additionally, during the last 10 years, it has lost oil production/export “friends.” (With notable exception of Iraq, which came by attack and invasion.) GRI Newsletter, January 2009 © Roger K. Young 2009 all rights reserved...
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This note was uploaded on 11/17/2010 for the course BCS 213 taught by Professor Mcgovern during the Spring '10 term at Bergen Community College.

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