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Politics : PRESIDENT GEORGE W. BUSH
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To: SeachRE who wrote (269916)7/3/2002 10:34:22 PM
From: J_F_Shepard  Read Replies (1) of 769667
 
"There is plenty of oil, but much of it is "economically unrecoverable":"

That's the very point.....there is NOT plenty of oil within this countries boundarys. Haven't you looked at the numbers that are being posted here all night? We'll never go after shale oil as long as we can import cheaper. The ME has enough to supply the world for a few decades. And that's why we play nice-nice with them. Except, of course, if we occupy Iraq and keep theirs for ourselves which may be what is on the minds of Big Oil and Bushies..... btw, do you have any idea how much shale oil we may have? We still have plenty of coal(a couple of hundred years, I think) and I think it may be cheaper to convert that to petroleum products than to extract oil from shale.
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