Wednesday, July 16, 2008

At $140/barrel, Saudi Arabia and Iran can buy all of U.S.

How much oil it'd take to buy the US? At the recent price of $140 a barrel, it turns out to be a mere 400 billion barrels, or just about the combined reserves of Iran and Saudi Arabia.

Keep supporting the $3 trillion wars to keep us on oil, boys. You're making everyone but us rich. What a strategy!

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