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To: Former Proud Canadian
50 years of oil? Are you kidding? Check out some estimates of oil reserves. These are not all recoverable with present technology, but they will be some day.

And the new discovery in CA...another Monterey shale play running from San Jose to south of LA with an estimated 50 billion barrels of recoverable oil.

And the biggie...Green River Formation that weighs in at 3 TRILLION barrels of oil with 1 Trillion recoverable with todays technology.

30 posted on 02/02/2013 11:08:55 PM PST by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
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To: spokeshave
What none of the public knows is that Canada has 12 times the reserves of Saudi Arabia.

The US has more reserves than Canada. The difference is that Canada has the political will to exploit its resources, the US, seemingly, does not.

As for reserves in California, they might as well be on the moon. The US consumer would have far more access to that oil if it was in Canada or even Mexico or Venezuela.

31 posted on 02/03/2013 4:53:50 AM PST by Former Proud Canadian (Obamanomics-We don't need your stinking tar sands oil, we'll just grow algae.)
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