OIL POLITICS

Trent Telenko, Moe Freedman, and Stephen Green note that the Bush Administration has been quietly increasing our strategic oil reserves, despite the side effect of puting upward pressure on gasoline prices. They think it means we’re about to play hardball with the Saudis. I hope so, but will believe it when I see it.

FILED UNDER: Middle East
James Joyner
About James Joyner
James Joyner is Professor and Department Head of Security Studies at Marine Corps University's Command and Staff College and a nonresident senior fellow at the Scowcroft Center for Strategy and Security at the Atlantic Council. He's a former Army officer and Desert Storm vet. Views expressed here are his own. Follow James on Twitter @DrJJoyner.

Comments

  1. John says:

    I think they’re already playing hardball with the 28 page hole in the 9/11 report. The pressure on the house of Saud is being ratcheted up consistently. It’s going to be very interesting.

  2. Rick DeMent says:

    If we really wanted to play hardball we would flex the demand side of the oil equation and start getting serious about lowering our energy input to economic output ratio. In simple terms conserve oil. A 5% cut in the use of oil puts one million barrels back on the market per day. That is a full 1/8 of current Saudi production. We have the power to really screw the Saudis, but of course that would mean a degree of sacrifice that Americans are not ready to make.

    BTW good blog, lots of intelligent stuff, We’ll put you on the blogroll over at the Rant, it’s been getting a little left heavy lately [grin]