Oil

Autos and industry around the world rely on fuel. We pay for the oil and gasoline. Our money goes to oil producing states in the Middle East. These states sponsor terror.

The equation sounds simple, and the terrorists think so too. Today, the United States and western nations consume incredible quantities of oil relative to the size of their populations. For example, the U.S. has only five percent of the world’s population, but uses more than 20 percent of the world’s annual oil consumption.

This means that those in the West are responsible for a rather large portion of the economies in the Middle East. But does this money really go directly to financing terror? The answer is a resounding yes.

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    The biggest potential losers in the revolutions of the Middle East are the people themselves. But the uncontested winners are already quite clear: those who own, sell, and bet on oil.

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    The Price of Oil and How it Got There.jpg

    In mid-2008 the price of oil soared to new highs. Even though the price has since decreased, it is important to understand the factors involved.

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    America has less than 5% of the world's population, but consumes more than 20% of the world's oil.