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Politics : PRESIDENT GEORGE W. BUSH
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To: J_F_Shepard who wrote (270043)7/4/2002 2:17:28 PM
From: SeachRE  Read Replies (1) of 769667
 
JF, No point arguing over shale oil. It is NOT economically recoverable now, and probably ever. "Theoretically" is a key word I used, and the US needs only to reduce oil import by 10% to cause OPEC to come to its senses. We can be typing here for months arguing over this and that detail such as the effect of prices over supply&demand,conservation/alternative sources of energy,possible confiscation of Iraq oil fields etc. IMO, high tech will play a major role in nearly eliminating US oil dependence in 30-50 years. It is a very dynamic process from my standpoint.
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