I guess Jeb is an environazi then, because he's the main guy standing in the way of drilling off Fla.
IMHO the author is a litttle misleading, because I'm pretty sure he includes oil shale in his estimate of US reserves. As has been stated on many FR, the breakeven cost to develop shale is still way, way above the current price of oil. And the process used to exctract oil from shale is so environmentally damaging as to give even the most ardent-prodevelopment conservative considerable pause--in a nutshell,, you end up with 50% more waste rock than you started with.
For shale to be even remotely practical we're going to have to find an extraction process that's both cleaner and cheaper than the way it's done now.
How is that possible? Is new rock created?