Big Peace "Even with somewhat depressed oil prices, since last year’s 4th of July, OPEC, the oil cartel dominated by countries like Saudi Arabia, Iran, and Venezuela which altogether sits on 78% of world oil reserves, took in more than half a trillion dollars for its oil exports, while the economies of net oil consuming countries like the US bled. Money that could have stayed in the US creating jobs and investment opportunities instead filled the coffers of some of our worst enemies.
"Our response to the BP spill could worsen our vulnerability."
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