@jtsananders: the 24% was taking ~13% Saudi, 6% Venezuela, and 5% Africa.
These numbers will fluctuated, but the point is that the foreign oil dependence, while waning now, is not going away. And it being a global commodity, a global market, is not a good thing for the US long term. It means our influence over the price will decline (India’s recent gas price crisis for example), as emerging oil markets like China take over. And our own domestic oil will become to expensive for us, instead sold to the highest bidder in the international market to maximize profit.
And Saudi Arabia “our friend”? Really??! Why exactly are they are friend now? Could it have something to do with profit for protection (and turning a blind eye)? Where did 15 of the 19 9/11 terrorists come from again? Have they cleaned up their act since?