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If They're Right....
#21
RE: If They're Right....
I have always been under the impression that the reserves were already pulled from the ground.
Disclaimer: I am only responsible for what I say, not what you choose to understand. 
(November 14, 2018 at 8:57 pm)The Valkyrie Wrote: Have a good day at work.  If we ever meet in a professional setting, let me answer your question now.  Yes, I DO want fries with that.
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#22
RE: If They're Right....
(December 8, 2015 at 1:06 pm)Judi Lynn Wrote: I have always been under the impression that the reserves were already pulled from the ground.

In that case strategic reserves are currently about 700 million barrels. We use about 19 million barrels a day of which about 10 million are imports. So if new oil production stopped we could go about 35-40 days on current stocks. Twice that time if we kept domestic production at current levels and stopped imports.
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#23
RE: If They're Right....

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#24
RE: If They're Right....
Quote:It is both expensive to extract and a lot worse for the environment to do so.

No, no, Pap.  The oil companies insist that global warming is good for us.  Who are you going to believe?  Scientists or your friendly neighborhood oil company?
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#25
RE: If They're Right....
Extracting oil from tar sands and shale has problems on top of global warming.

[Image: alberta-tar-sands.jpg]
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#26
RE: If They're Right....
But that's in Canada.... we don't care about them.
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#27
RE: If They're Right....
Most of the 300 billion metric tons of US shale oil is in the US.

[Image: page1-1650px-United_States_Shale_gas_pla...11.pdf.jpg]

We have as much of the stuff as everyone else combined.
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#28
RE: If They're Right....
I am somewhat familiar with the Marcellus Shale controversy in PA, as that's where I live. I've heard them mentioned in the news several times and if I'm not mistaken, there was a vote that came up to be able to tax Marcellus Shale more or something, but lawmakers refused to do so.
Disclaimer: I am only responsible for what I say, not what you choose to understand. 
(November 14, 2018 at 8:57 pm)The Valkyrie Wrote: Have a good day at work.  If we ever meet in a professional setting, let me answer your question now.  Yes, I DO want fries with that.
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