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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: KLP who wrote (250265)5/16/2008 5:50:07 PM
From: miraje  Read Replies (1) | Respond to of 793731
 
However, we have plenty of oil reserves here. 1.5 Trillion barrels of oil shale in the US. Recoverable now. Probably not at $10/barrel. But at $30 or $40 per barrel, yes. 2.7 Trillion bbs of oil shale in the world. 3.7 Trillion oil tar sands in the world.

It's true that North America has vast amounts of hydrocarbon resources. Canada has the sands, which they are developing (in spite of that insufferable idiot, Waxman) and the US has the shale, as well as being the Saudi Arabia of coal (which can be turned into liquid fuel, South Africa has done it for years)

The problem is political. AlGore and the econuts have the public almost totally brainwashed and there will have to be real economic pain (which there will be, IMO) before the tide will turn and the necessary resources are allowed to be developed..