Quote:
Originally Posted by Jeff-Groves
A country that imports 90% of it's food can't afford to keep it's oil in the ground.
Or anywhere else for that matter.
You can't eat crude oil.
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It would be something of a gamble to assume that Saudi Arabia would run ought of foreign exchange reserves before the United States economy slumped to the extent that any award they could reasonably expect to get via court action against the Saudi government became entirely insignificant. Especially when you take into account the likely support the Saudis would get from other governments keen not to establish a precedent.
If the United States really wants to put pressure on the Saudi regime, it needs to start looking at ways to make its own country less dependant on cheap oil. Though that of course may not make the U.S. oil lobby too happy.