Saturday, February 17, 2007

The oil threat

The al-Qaida organization in Saudi Arabia has threatened the oil facilities in Mexico, Canada and Venezuela with an admitted goal of disrupting the economy of the U.S. The Saudis and the U.S. have security at the refineries and petrochemical plants, so the other countries are easier targets. Mexico and Canada say they will beef up security and Venezuela says they are not going to be attacked since they are our enemy. Right now Venezuela supplies about 10% of our oil and an attack there would hurt us, but it would hurt Venezuela more. Advertising that you are the easiest target out there is not really very smart if the al-Qaida is serious in its stated objectives.

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