Friday, June 18, 2010

The President's Oil Reserves Lie

Subject: txt hots grn engry -
... According to a June 2008 article in Kiplinger Magazine, the United States has enough oil reserves to power the nation for upwards of three centuries. That's three-hundred years, Mr. President. We are not running out of oil reserves, it's just that those oil reserves have been declared off limits due to decades of environmental lobbying of our politicians, especially those on the Left. This lobbying has driven the likes of BP and others out deep into the Gulf of Mexico to extract the nation's needed oil.

Note the following statement from the article:

"...untapped reserves are estimated at about 2.3 trillion barrels, nearly three times more than the reserves held by Organization of Petroleum Exporting Counties (OPEC) and sufficient to meet 300 years of demand-at today's levels-for auto, aircraft, heating and industrial fuel, without importing a single barrel of oil."

Think about that.

The nations that currently hold us hostage by their massive oil production actually have far less reserves than our own nation. Put another way, some of the very nations in which we are dependent upon oil are also the same nations that help to sponsor worldwide terrorism. Were we to extract our own oil, it would make our nation and the world a safer place. But, isn't a spotted owl more important than the safety of the world?

Let's use some common sense. Drill first on land, then in water. It's really not that difficult.

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