Thursday, October 9, 2008

Yet another falicy from the debate...

Oil
9:43 p.m.

Sen. McCain talked about the U.S sending "$700 billion, some of it to countries that don't like us very much." And he said, "My friends, some of this $700 billion ends up in the hands of terrorists organizations." He's talking about the U.S. imports of oil, for which the U.S. consumers send money to the countries that produce the oil.
In fact, according to the Energy Information Administration, which bills itself as offering the "official energy statistics from the U.S. government," the top producer of crude oil for import into the U.S. is Canada, not exactly a country that doesn't like us. The second largest is Saudia Arabia, another ally. And then Mexico, also a key ally.

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