Published on OurFuture.org (http://www.ourfuture.org)
America's Dependency on Foreign Oil
By Robert Dorst2
Created 01/14/2008 - 1:22pm

Date of Quote: 
28 February 2006
Quote Author: 

Senator Barack Obama

Quote Footnote: 

Robert L. Borosage, Robert Loper et al. Straight Talk: Common Sense for the Common Good. http://ourfuture.org/straighttalk [1].

It would be nice if we could produce our way out of this problem, but it’s just not possible. We only have 3% of the world’s oil reserves. We could start drilling in ANWR today, and at its peak, which would be more than a decade from now, it would give us enough oil to take care of our transportation needs for about a month. As a result, every single hour we spend $18 million on foreign oil…Budding democracies, despotic regimes, or havens of terror—they get our money because we need their oil.

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[1] http://ourfuture.org/straighttalk