The Pressure Is On to Play the Oil Card On Monday, Iraqi President Saddam Hussein announced that his country was suspending the export of its oil for 30 days or until Israel ends its incursion into Palestinian territories. But Saudi Arabia--OPEC's largest producer--says it opposes using oil as a weapon and, on Tuesday, announced that it will ensure that consuming nations have enough supply to make up for the losses caused by Iraq. Iraq is the sixth-largest oil supplier to the U.S., providing about 9% of U.S. oil imports.
{I know I act like I know what's going on....but hey. I don't. Not really. Aren't we doing all kinds of stuff to this guy? And the children of his country? Aren't we gonna go in there and fry his ass to nothing? It's like a cop buying crack from some middleweight player. bleaagghh.}