With the Tupi field just discovered, and the reassessment of the Orinoco field?
That's a joke.
The USA has 4 to 5 times the Saudis reserves in oil, coal diesel, shale oil, permafrost hydrate gas, etc. This does not count offshore. The Saudis own Obama, the Dems and environmentalists. The Dems keep making energy rich federal lands into parks for their Saudi bosses.
There is NO PEAK OIL! DRILL HERE, DRILL NOW!
Atlease ONE TRILLION barrels (+++) of recoverable oil sits in the Green River Formation! Obama, Salazar and the pricks at the EPA won’t let us go get it!
http://energy.cr.usgs.gov/other/oil_shale/green_river.html
Overview of estimated in-place resources for the Green River Formation in Utah, Colorado. In-place shale oil resources in the Piceance Creek Basin in billions of barrels per township. Total is 1.007 trillion barrels. Click for a larger image.
Other estimates:
http://knol.google.com/k/oil-shale#
“...The U.S. Department of Energy’s Office of Petroleum Reserves estimates that the Green River Formation contains 1.8 trillion barrels of shale oil in deposits yielding greater than fifteen gallons per ton, with over eighty percent of the formation’s recoverable resources located in Colorado’s Piceance Basin. (Oil shale formations yielding less than 15 gallons of oil per ton of rock are not considered economically viable for extraction.)[2]
And, I’ve said nothing about US coal and natural gas reserves!