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August 11, 2008

How little Mr Stein knows

Analysis of: What's so bad about foreign oil? | www.latimes.com
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
William Faris
Founder, William Faris Consulting
Implications: Strategic implications for foreign oil mean that the US needs to get more control of its apetite for this essential commodity. The university teaches other courses beyonf econ 101 which Mr Stein needs to study before he embarks on such very thin ice. Oil is essential to this economy and as such it can be a weapon for or against us. the same can be said of other commodities, but not of the Mini Cooper or Mr. Bean. I would suggest that Mr Sten Put down his double latte and join the real world

Analysis: Mr. Stein lacks even the most basic appreciaton o the implications of energy. What the candidates are concerned about, is foreign oil in the hands of rogue nations who will use it as a threat to Democracy and the American way of life.

While we have no complaint with importing energy to and from countries like Canada who are well run and stable, and who partner with us in an attempt to improve life for its citizens. However the same is not true of rogue nations such as Iran, Venezuella and others. In fact Cuba and China now have a  joint venture off the coast of the island nation just 90 miles from our beaches.

Independence from terrorists, and dictators is a good thing. Mr Stein has aparently not lived and travelled extensively in the Middle East as I have. if he had, he might not want to put the future of his driving in his Mini in the hands of these despots.

In fact Mr. Sten probably has not spent much time away from his beach or else he would learn that the Ozarks are not a great oil producing region and Beverly Hills is not a desireable place to live in the opinion of those of us who do live in energy producing areas.

I suggest that the LA Times look for a writer who actually knows somethign about which he speaks.

Other Analyses of the Same Source Article:
"All of the Above" Policy for Oil Exploration and Development, Dr. S.B. Alterman
August 11, 2008, Author: GLG Expert Contributor
Oil Independence is Good
August 11, 2008, Author: GLG Expert Contributor
Economics 101
August 11, 2008, Author: GLG Expert Contributor
The Downside of Foreign Oil
August 11, 2008, Author: GLG Expert Contributor

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