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Originally Posted by ABCDxxxx
The second largest oil reserve is in Kuwait.
The majority of oil we use in the US is imported from Venezuela.
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For one, Venezuela cannot get their shit together with their problems, and secondly, Kuwait is third, not second.
Quote:
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Originally Posted by ABCDxxxx
Sorry Mike, but that means your main point is based on misinformation.
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Who were you calling misinformed?
Anyway...
The dollar is falling, and taking control, whether overtly or covertly, is in the government's interest.
OPEC is beginning to turn to dealing in Euros, and securing the second largest producer of oil will force deals for that oil to be done in US Dollars, thus propping up our sagging currency.