"We consume about 25 percent of the world’s oil. We only have 2 percent of the reserves. Even if we doubled U.S. oil production, we’re still really short." - Barack Hussein 0bama; March 30, 2011
We only have 2 percent of the reserves.
The 2% is bogus. It doesn’t include massive oil shale reserves, Coal to Oil technology, Alaska and California (self imposed off limits).
Were doing this to ourselves. Its another way of draining this country of its money and transferring it to the 3rd world.