DON'T START THE WAR Message Board

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Politics : DON'T START THE WAR

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To: PartyTime who wrote (20505)	3/13/2003 11:10:29 PM
From: Bill Jackson	Read Replies (1) of 25898

Party time, Hard to say how much was fakery and how much truth as it gets spun and wiggled every which way. I do know we have no true oil shortage. Canadian oil sands are larger than the Middle east oil, but cost about $8 a barrel to produce. Oil shale is 50 times as large as the middle east but costs $15-25 to produce. Middle east costs 50 cents a barrel to pump out of the ground, however with oil at or above $25/bbl, then all these collateral sources will develop. geotimes.org and there are more oil sand areas to find. In addition the oil shales are 100 times as extensive, but have a lot less oil in them, which explains the extra cost of production. Bill

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