The United States has plenty of oil

Discussion in 'Energy' started by LilOlLady, Feb 5, 2012.

  1. LilOlLady
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    LilOlLady Gold Member

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    The United States has plenty of oil
    ... and natural gas.

    Oil Fields Gushing in the U.S.. The U.S. Energy Information Administration is likely to raise by a substantial amount its existing estimate that U.S. oil production will grow by 550,000 barrels per day by 2020, to just over six million barrels daily.

    Fracking: The Radical Left's Latest Weapon of Fear. A Congressional Research Service report to Congress in late 2009 indicated that America's combined supply of recoverable natural gas, oil, and coal exceeds every other nation on earth; even far greater than Saudi Arabia, China, and Canada combined! The CRS report was independently confirmed last month by the Institute for Energy Research with the release of the North American Energy Inventory. The IER study says the U.S. has more than 1.4 trillion barrels of recoverable oil reserves; 1.7 trillion barrels when combined with Canada and Mexico. That's enough for 250 years of U.S. consumption according to the IER, and more than the entire world has used in the previous 150 years. Additionally, the North American continent has 4.2 quadrillion cubic feet of recoverable natural gas reserves — enough to last the next 175 years at current rates of consumption according to IER.
    There is no shortage of oil
    There is no shortage of oil

    Who stand to benefit from a “pipeline from Canada?”
     
  2. RetiredGySgt
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    RetiredGySgt Diamond Member

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    Your buddies the Liberal Democrats are trying their damnedest to prevent us from dr5illing for oil and from building pipelines to move it. Obama is OPPOSED to Oil, gas and coal fired plants anyway, and he doesn't like Nuclear either.
     
  3. HenryBHough
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    HenryBHough Gold Member Supporting Member

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    Obama's support comes from those who want America energy poor so they can profit from it. Soros leaps to mind but his role models in Venezuela and Iran aren't far behind.
     
  4. Mr. H.
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    Mr. H. Diamond Member

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    There are tens of millions of acres off-limits to exploration, and Obama's proposed budget has nearly $90 billion in tax penalties lined up for oil and gas. Billion with a B.
    We're not going anywhere with him at the helm.
     
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  5. HenryBHough
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    HenryBHough Gold Member Supporting Member

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    That's so NOT true.

    With "Him" at the helm we're safe on course for:

    Sharia Law

    Energy dependence

    "Command and Control" economy
     
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  6. RGR
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    RGR VIP Member

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    I believe you are mistaken when you quote someone saying we have 1+ trillion barrels of RESERVES. This often happens when quoting people who know next to nothing about how such numbers are tallied, such as articles written by journalists, or those with an advocacy position but no actual knowledge on the topic.
     
  7. Moonglow
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    Moonglow Diamond Member

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    We're saving that oil for emergencies.
     
  8. Moonglow
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    Moonglow Diamond Member

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    The military has provided the Energy policy that is in use
     
  9. Sunshine
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    Sunshine Trust the pie. Supporting Member

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    When everyone else's oil has been used up and the US is the only country that has oil, we will command the morning.
     
  10. Lovebears65
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    Lovebears65 Gold Member

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    The EPA has so much regulations on everything they cant drill more because it might hurt a lizard in TX or an insect in Alaska
     

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