Yes, lots of extremism out in the MidEast. Long simmering ethnic, religious, national feuds. They seem to have a long memory, centuries and centuries.
Every-time you pump gas, a good percentage is going straight to various petro dictatorships. Iran is actually getting $ cash from US consumers , even though there is a formal trade embargo. Until recently, yesterday noted Nut case Quaddafi was getting your money also. UN sec council embargo is now in place. Another dictator Hugo Chavez of Venezuela is also getting your money, right out of your pocket.
Oil money just fuels those conflicts and dictatorships
This is one other factor in me looking seriously into PV-EV. I want to personally decouple from the volatility of energy markets and not hand my money over to Petro-dictators.
