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Old 04-26-2011, 06:40 PM   #179 (permalink)
Arragonis
The PRC.
 
Join Date: Oct 2009
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Quote:
Originally Posted by roflwaffle View Post
The U.S. only produces one out of every four barrels of oil that it uses, so as a whole that's a net of ~$1.1 billion dollars per day moving out of the economy at current prices, which is about 2.5% of GDP.
And the question you have to ask is how you ensure the supply of the other three ? Or you could reduce your consumption instead, seems like a damn good national policy to me.

When your debt to revenue ratio is 358% maybe its time to ask some folks to be a little more considerate about how they use finite resources you have to buy with hard currency.



And yes, I know we (the UK) are not much better...
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