India has reduced its dependence on Iranian oil. I know their refineries have stopped asking for orders to purchase Iranian oil.
Sentiment: NEGATIVE
People understand we have a dependence upon foreign oil. What they do not understand and find incredibly ridiculous is that we import refined product just making us more dependent on the industry.
India has large proven reserves of gas that remain unexploited.
The U.S. now imports over half of its oil supply from the Middle East. This dangerous dependence on foreign energy sources is an issue of national security.
Lower oil prices won't, by themselves, topple the mullahs in Iran. But it's significant that, historically, when oil prices have been low, Iranian reformers have been ascendant and radicals relatively subdued, and vice versa when prices have been high.
From the 1920s into the 1940s, Britain's standard of living was supported by oil from Iran. British cars, trucks, and buses ran on cheap Iranian oil. Factories throughout Britain were fueled by oil from Iran. The Royal Navy, which projected British power all over the world, powered its ships with Iranian oil.
One of our priorities should be to reduce our dependence on foreign oil.
We shouldn't be so dependent on foreign oil.
The day we run out of petrol is the day Iran will be free.
If you want your energy bills to go up, you should support an ever greater dependence on foreign oil, because the rate of new discoveries is declining as demand in China and India is growing, and the price of oil and thus the price of coal will go sky high.
It is clear our nation is reliant upon big foreign oil. More and more of our imports come from overseas.