</font><font color="blue" class="small">( It seems like we have been having a big party and nobody wants to see it end. The problem is that a lot of the oil that we use is coming from unstable countries that are increasingly hostile to us.)</font>
Over 60% of the crude oil used in the U.S. is imported.
Our great friend Venezuela sells us 8% of all our needs (total, not just imported). All Persian Gulf countries together sell us 12% of our total used. Another 12% of total need comes from Nigeria, Algeria, Angola, and Russia (you decide whether these fall in the "unstable" or "increasingly hostile" category).
The only good news is that our neighbors Canada and Mexico sell us 17% of our total need, and this number has been going up. Better hope they can continue to for some time. Also, if you live in a southern border state, you wonder just how stable Mexico really is.
</font><font color="blue" class="small">( Also I have read that some oil people are buying oil futures because they believe that worldwide supply has peaked and prices are going to keep going up as we fight with other countries for supplies.)</font>
The futures market is a pretty tough game for individuals; if you mis-time your trades or guess wrong in your price predicition, then you'd better have some big storage tanks at your place to take delivery. /forums/images/graemlins/shocked.gif However, we as a nation are already competing with other countries for supplies (notably China and India), that is the demand side of the equation that is partly responsible for higher prices.
</font><font color="blue" class="small">( If the hybrids help reduce the amount we have to buy from our enemys that ought to be a good thing and if hybrids help to slow how quickly we use up our supplies maybe there will be some left for our kids.)</font>
A noble sentiment, but not everyone will make an immediate sacrifice from their pocketbook for the greater good. People in democracies get too used to having other taxpayers bail them out of a bad situation, and too used to blaming all their woes on someone else. In my opinion.