Posted on 06/09/2009 5:57:24 PM PDT by Shellybenoit
There is anywhere from 18-95 BILLION Barrels of oil underneath our continental shelf. There is almost 7 TRILLION Barrels of Oil in the shale under the Rocky Mountains (to be fair, with present technology we can only get to around 800 billion barrels of it. Today America Consumes about 20 Million Barrels/day approximately 7.5 million of which we get domestically. My math tells me, using the minimum numbers (18+800 Billion- to 95 to 7,000) divided by 20 million, divided by 365 days, the US has an import free Oil reserve of 112 -972 YEARS.
Drilling would be a true stimulus plan, adding jobs and and keeping the price of Oil from rising. In the current economic gloom, there is no reason to revert back to the destructive policies that gave us $4-per-gallon gasoline and record-high heating bills. In fact, three-fourths of Americans want more drilling, not less. They want out of this recession. They don't want it prolonged with anti-energy, anti-job, anti-revenue policies imposed on us by the radical left agenda of President Obama.
At least there are some people in the Senate who understand. Today the Senate Energy and Natural Resources Committee voted to open up the eastern Gulf of Mexico to Oil and Gas drilling.It is estimated that the area contains trillions of cubic feet of natural gas and billions of barrels of oil. The question is how far will the legislation go?
(Excerpt) Read more at yidwithlid.blogspot.com ...
Ya’know...trying to make sense in the new Marxist environment is a fool’s game. It would make sense to develop America’s own resources, and finally tell the ME to drink their damn crude, cause we don’t need it. That is also, the very reason that the DhimmiRats and 0bamunists won’t do it.
Enacting a plan to free America from dependence on foreign oil might very well spark an economic recovery that would destroy the Marxist model that 0bama is pushing so very, very hard.
It’s time to take back the country.
Drilling for our OWN oil is the only way we are going to break America’s dependency on foreign oil. THE ONLY WAY!
What isthe catch? Anytime a Democrat is for oil drilling be very wary.
This all depends on what the meaning of “drill” is...truly. Hussein and his lapdogs in the Congress may indeed permit “drilling”, but with so many damn strings attached, it would be unprofitable to do so.
Then the Communists would say, in the next election, “You know we voted for drilling, but the lousy capitalists just wouldn’t do it. We better take over the job.”
I do not put it past them. I put nothing past them.
Odd. Unless otherwise directed, I’m not convinced “somebody” hasn’t been paid off ... Or hooking the pipes up to Cuba.
It is, but don’t be silly. If we have a huge supply of our own, how can the gubmint continue to maintain or increase control of the sla.. citizens?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.