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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 437.23+3.8%Jan 20 4:00 PM EST
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To: Tommaso who wrote (9250)9/13/2006 2:50:15 PM
From: energyplay  Read Replies (1) of 219574
 
" No government can legislate oil into existence. "

True. But he have a number of governments which have legislated oil out of reach.

West Coast, Eastern Gulf of Mexico, ANWR, lots of Colorado - all have well known structures and either have some infrastructure in place or have at least part of the field near existing infrastructure.

There are deposits offshore of North West Florida which could tie into the pipelines which are offshore of Alabama, the Alaska pipeline has spare capacity, and there is extenisive storage and refinery capacity from Los Angeles north to San Luis Obispo in California.

Part of these resources could be brought on line in two to three years, not 5 to 10.
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