Monday, April 04, 2011

Despite The Scary Warnings, U.S. Not Running Low On Oil

Despite The Scary Warnings, U.S. Not Running Low On Oil - Investors.com
"Our proven reserves are much lower than our actual reserves because government has blocked access, onshore and offshore.
It's silly to argue that there is no point to easing restrictions on drilling because 'proven reserves' aren't there.
There'd be a lot more proven reserves if the restrictions were eased.

Just in the past few years, we've started the process to extract a century-long supply of clean-burning natural gas we didn't even realize existed."

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