August 29, 2008
Oil from the Persian Gulf
In his speech last night at the Democratic National Convention Barack Obama said the following:
And for the sake of our economy, our security, and the future of our planet, I will set a clear goal as president in ten years, we will finally end our dependence on oil from the Middle East.
I’ll discuss this in depth next week, but for now I simply would like to put up a placeholder indicating how much oil the U.S. currently imports from the Persian Gulf region, as provided by the US EIA.
[UPDATE: The Environmental Capital blog of the WSJ has a critical take here.]
