US Finally May Have Leverage to Buy Oil

There are precious few resources that are more valuable than oil. Food tends to be one of them.

Food has been a cheap commodity for decades and the strategic value to produce food has been lost until recently.

Oil on the other hand has been a strategic resource for quite some time. In the 1970s the industrialized nations of the world recognized that oil was a strategic resource that supplied the life force to their economies.

But as oil becomes cost prohibitive, the most logical alternative is something produced right here in the US, ethanol.

If the corn grower can get more money selling his crop to oil companies instead of third world nations why shouldn't he?

The best scenario would be to see Middle Eastern leaders begging the US to produce more food for their populations.

This is the fear though. Liberals would want to see the US provide food at a discount for needy nations. This would be a tragedy, Middle Eastern countries have had years of wealth to establish economies, but they tend to squander their savings instead of investing in their future. Bahrain stands out as one of the few countries that has made the transition.

Hopefully, the world doesn't gang up on the US and demand that we give one of our few natural resources away for chicken feed just like the US was shanghaied in Bali during the global warming talks. It is criminal how the world stole from the US during those talks.

Bottom line is this-you sell us oil at a reasonable price and we'll sell you food at a reasonable price. The best part is food is renewable, oil isn't. Pay us now, or pay us later, we all have to eat eventually.