Krugminator2
Member
- Joined
- Aug 1, 2014
- Messages
- 4,568
But up until 2 weeks ago we were the number one purchaser of their oil. 41% of what they produced was sold to us, while all imports of everything from anywhere was halted. You seem to think like I do on a lot of topics - how do you balance that subsidizing the oppressive government (who again, won't allow anything anybody else sells to be imported) with the "we need to stay out of it?"
I know how Ron Paul feels. Trade with anybody. I'm not that person. I boycott
The normal thinking on this is oil is world market. If the US didn't allow oil from Venezuela into the US then someone else would just buy their oil and it would have no effect on their profits. That's why we still buy oil from the worst Middle East countries. One argument against Venezuela might be they own Citgo and getting rid of that would hurt their profits.
at 1:10
https://stosselintheclassroom.org/videos/energy_independence_fact_vs_fiction/