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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: lorne who wrote (103508)4/26/2011 10:26:35 AM
From: tonto   of 224762
 
The productive use of this captured CO2 for EOR could increase domestic oil production
by 3.0 to 3.6 million barrels per day by 2030, assuming all of the captured CO2 is
preferentially used for EOR.1 Cumulatively, from 12% to 19% of the economically
recoverable CO2-EOR potential in the Lower-48 would be produced by 2030.2 The
reduction of oil imports that could result from this increased domestic production would
represent 33-40% of net crude oil imports in 2009 and 43-52% of net crude oil imports
projected in 2030.3
? The cumulative reduction in oil imports that could result between now and year 2030
would improve the trade balance by nearly $700 billion, resulting in increased state and
Federal revenues of $190 to $210 billion.

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