Do you think it is more beneficial for the US to pay a slightly higher oil price for economic stability in the UAE and surrounding countries? Despite our higher oil prices, does it seem to be working to bettering the UAE's economy?
http://www.uaeinteract.com/docs/Rising_oil_prices_expected_to_boost_UAE_growth/40783.htm
Work from the bottom of the page up to see lasting effects of oil on economy:
http://www.uaeinteract.com/news/default.asp?ID=12
Resistance Is Futile
15 years ago
Yes, the high oil prices are bettering the UAE. But that is a nation that is far away from America, and I think that we need to focus on our own internal problems before we start making major decisions, like the price of oil, with other countries well being in mind. We have enough of our own problems, let’s work on those first.
ReplyDeleteI do believe that it is more beneficial for the US to pay a slightly higher oil price for economic stability in the UAE and surrounding countries. It may not be as beneficial for the US economy, however it is benefiting the UAE economy. And the US should not aid the middle east with intentions of bettering our economy and country, they should be helping the middle east to better theirs. Overall I think the rising oil prices is good.
ReplyDeleteI would have to agree with Emilie on this one. Although it is awesome to see a Middle Eastern country able to improve through subtle means, it seems silly to please their country and not ours first. No one likes raised oil prices, but who knows, maybe some good will come out of it? Examples such as walking, running, riding a bike, using less oil than we need to.
ReplyDeleteRaising oil prices seems to be a tricky subject. As we continue to depend on foriegn oil, we will continue to be at the mersy of foreign nations. For one thing, even with the current economic crisis, the UAE is still one of the most wealthiest nations in the world. If they need to stabilize their economy, maybe they should try pausing some of their numerious building projects first.
ReplyDeleteI definitely think that it is worth it. It's always nice to potentially have allies with money and resources.
ReplyDeleteI agree with Emilie. Though it would be great to be able to help out the Middle East, we have enough of our own problems, especially economically. To me, it seems only logical that we would fix our own problems before trying to fix everyone else's. And besides, if we are more stable as a nation, it is likely that we would then be able to benefit other countries more because of our stability.
ReplyDeleteI agree with the fact that however awesome more allies in the middle east would be, we need to focus on ourselves. we're already spread pretty thin economically, and a rise in the price of oil is not something i think we can bounce back from just yet. however, that doesn't exclude the future. I agree with Briana in saying that our stability is likely to affect other countries more positively as well.
ReplyDeleteAmerica doesn't need allies, America has nuclear bombs. The cheaper the oil the better. Because driving monstrous gas guzzling freedom machines is the American way of life. That, and intense racism, sexism, genderism, and biblism. And I'm pretty sure I made some words up there.
ReplyDeleteI think it is a great idea to spend a little bit more to ensure that the resource will remain available to us. Since our economy relies so heavily on oil to run stability in our suppliers cannot be a bad thing.
ReplyDeleteI think it reasonable and a good idea to pay more for oil that will stabilize that country and the surrounding ones. We all know we'll buy oil no matter the cost, and the slight rise in price for economic stability is not a big one. And then maybe we can bring home our soldiers sooner
ReplyDelete