Posted on 05/29/2022 12:56:50 PM PDT by SoConPubbie
The United States has the largest oil reserve in the world. Do a little research.
Early on, Zelenski should have, as most hoped, gone to the negotiating table and ceded the provinces to Russia and avoid having his country pulverized. Now, the country is pulverized, it will take the country a generation to recover, and Russia has taken control of the provinces anyway.
But too many people and politicians jumped on bandwagons and clapped like trained seals for their team, and the people of Ukraine are left twisting in the wind.
“The U.S. holds more oil reserves than anyone else in the world, including Saudi Arabia, Russia, and Venezuela.
That conclusion comes from a new independent estimate from Rystad Energy, a Norwegian consultancy. Rystad estimates that the U.S. holds 264 billion barrels of oil, more than half of which is located in shale. That total exceeds the 256 billion barrels found in Russia, and the 212 billion barrels located in Saudi Arabia.”
The findings are surprising, and go against conventional wisdom that Saudi Arabia and Venezuela hold the world’s largest oil reserves. The U.S. Energy Information Administration, for example, pegs Venezuela’s oil reserves at 298 billion barrels, the largest in the world. Rystad Energy says that these are inflated estimates because much of those reserves are not discovered. Instead, Rystad estimates that Venezuela only has about 95 billion barrels, which includes its estimate for undiscovered oil fields.
It’s possible you don’t understand what a reserve is, or what reserves are.
Probably you read about the largest reserve in the world. No s on the end. That’s true. The US has the largest Strategic Petroleum Reserve in the world. Such things are built with a capacity determined by consumption. Not geology.
In the case of the US, which burns 21 million 42-gallon-barrels/day, the SPR is 714 million barrels. Withdraw rate max is 4 million barrel/day (obviously 1/5th of current consumption). At that rate the Reserve would last about 6 months, which is what all countries of the world built capacity for. Note this is a mixture of oil types. It doesn’t all refine into the same amount of gasoline vs diesel.
Venezuela and Canada are usually quoted with the largest Reserves (with the s) in the world. But both places have very thick oil that cannot flow more than a few million bpd.
God distributed this stuff. There would be no reason for the US, which pumped it out en masse through the 1900s, to have more than superior geologies around the world.
It never ceases to amaze me how they PIVOT from their own reporting. They do that all the time. Do they really think that their readers are that stupid and can’t remember what they reported previously?
How cynical and contemptuous of their readers can they be?
“It’s possible you don’t understand what a reserve is, or what reserves are.”
Looks like you can’t understand: “The U.S. holds more oil reserves than anyone else in the world, including Saudi Arabia, Russia, and Venezuela.”
Don’t start trying to cloud up what we both originally said with commentary on consumption and oil viscosity.
Cope.
.
The US has an estimated 2 trillion barrels of shale oil. Yes that’s trillion with a “t”.
Lord knows how much shale gas the US has but its a lot.
We have commentary from our own bigly here says same thing
Cogent
Which is why the globalist hate non woke Putin so much
Singing folk song.....
“Oh where have all the cold warriors gone......long time passing”
Hattip Pete Seeger ...a real commie
Mark Levin hardest hit.
I wonder how many State Dept. or Deep State types are here posting the same kind of propaganda. We know the potential suspects.
The organization I quoted is named in the quotes, and anyone can say anything on Wikipedia.
“How cynical and contemptuous of their readers can they be?”
Sadly, the masses are perfectly happy between twisted around on, literally, EVERY issue presented to them - if the media is the ones doing it.
Sometimes superpowers feel forced to act to protect themselves by invading their neighbors, or even far-away nations.
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