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To: delta7

I do not believe that Alberta’s reserves are so low. I think the criteria employed must not be including anticipated reserves that are not yet exploited. I also don’t believe that Venezuela has more oil than Saudi Arabia.

4 posted on 12/30/2025 5:15:52 PM PST by Dr. Sivana ("Whatsoever he shall say to you, do ye." (John 2:5))

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To: Dr. Sivana

Let’s see. If we have 45 billion barrels underground at 20 million barrels a day of consumption we can supply ourselves for 3000 days-that’s what-10 years? Soon 20 million barrels per day won’t be enough-think AI. Then what? Seems like all of the above is the answer.

7 posted on 12/30/2025 5:21:16 PM PST by DIRTYSECRET

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To: Dr. Sivana

Re: "I do not believe that Venezuela has more oil than Saudi Arabia."

I think that might be correct.

The issue...

Venezuela oil is the most costly to refine in the entire world.

High sulfur content, as I recall.

I grew up in south Florida.

In the 1950s and 1960s, we used to burn un-refined Venezuela oil to generate electricity!

8 posted on 12/30/2025 5:31:32 PM PST by zeestephen (Trump Landslide? Kamala lost the election by 230,000 votes, in WI, MI, and PA.)

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