Well the Saudis can pull oil out of the ground for about $1.50 a barrel so needless to say at current market value being over $100 per barrel they're making out pretty well. On the other hand it costs us about $20.00 a barrel to pull it out of the ground, but then again we're not servicing 40% of the world so it's not exacly worth our while.

I'm with James Woolsey and others "turn oil into salt argument". There was a time in history when Roman soldiers were paid in SALT! Soon after technological progressions came about that currency became obsolete obviously. Same goes with oil. Let's turn oil's value into the same value as salt which at one point in history had so much worth. We don't need it. It's worthless.