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during Ike's Presidency the decision was made to keep secret lots of heavy duty deposits--and to not use them until the rest of the world ran out of oil.

That has a bit of a 'tin foil hat' ring to it. How about this alternate wording:

not to use them until "the cost of oil had risen to such a level that they could justify the much higher extraction costs"

We are nearing or at that point today, as witness the developments in Alberta. I would guess we are 5-10 years away from serious development in shale oil extraction.

16 posted on 01/03/2007 12:02:39 AM PST by Michael.SF. (It's time our lawmakers paid more attention to their responsibilities, and less to their privileges.)

I've grown up in the oil industry and such an area. San Juan county gives the USA huge chunk of natural gas.

From time to time I've ran across folks in the industry who have been in a position to know. They've affirmed such a deliberate secret locking away of oil resources to varying degrees.

22 posted on 01/03/2007 7:44:00 PM PST by Quix (LET GOD ARISE AND HIShe ENEMIES BE SCATTERED. LET ISRAEL CALL ON GOD AS THEIRS! & ISLAM FLUSH ITSELF)