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Oil addiction

By Armstrong Williams - 10/30/12 10:10 AM ET

This country has an addiction problem. We've spent $20 billion since 2010 trying to kick the habit. But it lingers. It is becoming a threat to our safety. I'm talking about our addiction to oil. It's gotten so bad that we are now paying our enemies' bills.

Each dollar we put into the tank goes to finance religious fanatics in Iran and Syria. And we're putting a lot of money in the tank. Last year, 66 percent of the nation's oil came from abroad. A big chunk of that comes from the Middle East. So each time we pay at the pump, we funnel money into the coffers of the people who have resolved to destroy our way of life.

Economists predict that by 2025, two-thirds of our oil supply will be imported. More than half of that amount — roughly 6 million barrels of oil per day — will come from the Middle East. As gas prices increase and we become even more dependent upon Middle Eastern oil, they will be able to exert great control over our economy.

This is the reality of our dependence on foreign oil. We're in a situation where our economic future is becoming increasingly vulnerable to our enemies.


Source:
http://thehill.com/blogs/pundits-blog/energy-a-environment/264799-oil-addiction

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