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Give Oil Not Money
By Micah Halpern

Tuesday September 6, 2005

I've Been Thinking:

Blessings and condolences.

In the aftermath of Hurricane Katrina, we are learning not only a lot about ourselves as Americans but also about other nations around the world. It's interesting and important to pay attention to what other counties are saying and doing in support of the United States.

The Palestinian Authority has offered blessings and wishes.
So has Israel, and they are sending army rescue teams and Israeli Red Cross, Magen David Adom, teams to aid in the recovery of bodies.

Kuwait and Qatar have also responded to the crisis.
Kuwait has pledged $500 million "of oil products needed by afflicted states in these conditions and other humanitarian assistance."
Qatar has pledged $100 million.

Money is nice, but not the issue. We would all be better off if these countries chose to really help by increasing oil production and dropping oil prices. We would all be better off if they convinced OPEC that it is the right thing to do.

A few hundred million dollars is a drop in the bucket.
More oil in the pipe line, that would be true humanitarian assistance.

4 June 2017 12:14 PM in Thoughts


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