Is America a beneficiary of the oil extracted from the Gulf???
Ha ha ha he he ha ha he he he ROFL...No, American just likes hanging around there for the sun and palm dates... :-D :-D :-D 8-)
Oh dear...i'm being nasty again! Sorry...i was laughing with you, not at you.
The ludicrous oil price enables vast sums to be invested back into Wall Street and the general banking system of the U.S. This props up the dollar which is VERY shaky.
Go here for an interview with the Nobel Economist Joseph Stiglitz - www.members.iinet.net.au/~falluga
...on the imminent dollar sell off...unless of course you can prop it up with outlandish profits from Saudi and other countries.
The arabs are even in Oz buying up big.
Peak Oil and the oil scams in general will show just how cowed and stupid the public really are.