In October of 2006 the Pres. Bush signed executive order 13412 blocking the involvement of U.S. oil companies in Sudan. Guess what happened to oil production in Sudan from 2006 to 2007? Sudanese oil exports jumped from $4.8 billion to $7.6 billion and China increased its oil exports from Sudan by 121% according to the WTO. That's a 59% increase over a 15% global price increase or roughly a 35% increase in production. With that kind of growth we should start putting sanctions on ourself.
Can you guess three of the top ten oil exporters to China from which the US receives no oil?
N. Korea, Iran and Sudan.
Blackbird singing in the dead of night
13 years ago
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