Quote:
Originally Posted by Solecismic
When we're importing a net 4 million barrels of crude oil a day and Russia is exporting a net 5 million barrels a day (and that gets shipped between countries, so those aren't direct sales - most of Russia's shipments go to the EU), I think it's a serious issue.
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Two weeks ago, it was good business. Two weeks and a new war later, it's bad foreign policy. Just like how in the last month there were debates in this very thread about how renewables are too expensive and unreliable and market forces should help dictate where we go. Right until we are reminded that a bunch of our oil comes from Russia and the Middle East. Never mind that in one case, we're talking about the whole of US production and on the other, we're talking about individual companies.
Just going to add this to the thread so we can point to it sometime in the next decade: Getting practically all of our semiconductors from Taiwan is also almost certainly going to be a very serious issue soon. (But god forbid we have to pay more for iPhones or keep them longer than 2 years or put wifi in everything from our fridges to microwaves for some stupid reason or way too many electronic controls in cars)
SI