Originally Posted by
NutLoose
If it's all down to energy and oil, surely the ideal is to import because at some point the reserves you are sitting on will far exceed their values now as the reserves of those you have used become depleted and dry up. You then become a major player.
This was US energy strategy from 1970's, extract and cap wells, in last 15 years it has been frack and produce. The fact that US Fracking is in debt to the tune of $250 Billion is the big story that people are ignoring. If Saudi's turn on the taps and get oil to $40 a barrel or lower then watch what happens.