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


To: Neeka who wrote (331865)11/3/2009 2:22:36 AM
From: KLP2 Recommendations  Respond to of 794001
 
U.S. Tops in Energy Resources
by Human Events (more by this author)
Posted 11/02/2009 ET
Updated 11/02/2009 ET

The United States has largest energy reserves on Earth, according to a report from the Congressional Research Service.

As shown in the charts below, the U.S. has 1,321 billion barrels of oil (or barrels of oil equivalent for other sources of energy) when combining its recoverable natural gas, oil and coal reserves.

While Russia is a close second with 1,248 billion barrels, other energy producing nations are far behind. No. 3 is Saudi Arabia (543 billion barrels), followed by China (494 billion barrels), Iran (426 billion barrels) and Canada (221 billion barrels.)

"Our overwhelming coal, natural gas, and oil resources represent tens of trillions of dollars in wealth and millions of American jobs,” said Sen. James Inhofe (R.-Ok.), who, along with Sen. Lisa Murkowski (R.-Alaska), released the report last week. “Whether through decree or purposeful inaction, government policies that unnecessarily restrict or prevent our ability to responsibly produce these domestic resources are threatening, and could eventually undermine, our nation's economic and national security. We should pursue an all-of-the-above strategy that advances new energy technologies but also prioritizes developing the resources we have today."

The report also noted that the United States has 28% of all the world’s coal reserves, with Russia again coming in second with 19%.

In addition, the report stated that the United States has tapped into only 13% or 21 billion barrels of its oil reserves, with the other 87% still untouched.

The following charts show the true picture of America’s energy reserves:




humanevents.com


humanevents.com




humanevents.com

HUMAN EVENTS is the news source President Reagan called his "favorite newspaper" and we still hold high the Reaganesque principles of free enterprise, limited government and, above all, a staunch, unwavering defense of American freedom.



To: Neeka who wrote (331865)11/3/2009 2:58:52 AM
From: KLP4 Recommendations  Respond to of 794001
 
There is something obscene about Gore having (declared $2 million when he left in 2001,) to 8 years later, having hundreds of millions currently.

How much do you think he will be taxed?

Would his father finally be proud of his drippy son? His father who as a Senator, voted AGAINST the Civil Rights Act?



As a private citizen, Mr. Gore does not have to disclose his income or assets, as he did in his years in Congress and the White House. When he left government in early 2001, he listed assets of less than $2 million, including homes in suburban Washington and in Tennessee.

Since then, his net worth has skyrocketed, helped by timely investments in Apple and Google, profits from books and his movie, and scores of speeches for which he can be paid more than $100,000, although he often speaks at no charge.

He is a founder of Generation Investment Management, based in London and run by David Blood, a former head of Goldman Sachs Asset Management (the firm was quickly dubbed Blood and Gore). Mr. Gore earns a partner’s salary at Kleiner Perkins. He has substantial personal finances invested at both firms, officials of the companies said.

He also serves as an adviser to high-profile technology companies including Apple and Google, relationships that have paid him handsome dividends over the last eight years.

Mr. Gore’s spokeswoman would not give a figure for his current net worth, but the scale of his wealth is evident in a single investment of $35 million in Capricorn Investment Group, a private equity fund started by his friend Jeffrey Skoll, the first president of eBay.



To: Neeka who wrote (331865)11/3/2009 7:32:53 AM
From: Glenn Petersen  Respond to of 794001
 
Al Gore = Huckster

A distant cousin of T. Boone Pickens.