Big Oil: Energy independence is "naive"

Being energy self-sufficient "is neither attainable nor desirable" said one oil industry exec at the US-Arab Economic Forum in Houston. So did a lot of them, in fact. Big Oil says that we need to stay dependent on foreign oil for -- wait for it -- the good of our country.

"When they speak, you should listen to them," observed the Saudi Ambassador, who went on to say that we shouldn't speak of oil as an "addiction," because oil is "a necessity of life."

Presumably, they all said these things with a straight face.