[datura]

If you follow the link in the article above, it will take you to the references used for this article. Those references show that the US has in reserve many billions of barrels of oil, enough to stop all importation of oil for many generations. As we have suspected, it is once again our opponents who are trying so desperately to sell out our nation to outside interests. They must be stopped.

The "No blood for oil" losers need to read this. The voting public needs to read this. And we need to rub the Rats noses in this - big time.

[clee1]

The problem is that the same "No Blood for Oil" nutcases are the same people that stomp their hankies over the red-crested swamp gnat that might be harmed by domestic drilling operations.

No problem; these types will be the first to die when CW2 kicks off.

[Brett66]

We have a refining shortage due to enviro regs.

[Fast1]

Well Bent scumbag Bill let BP buy Amoco then ARCO algores old communist enabler/lackey Hammer got the Elk Hills navel reserve WHY ??

[zeugma]

Just wait until after the election. Soros will stop mucking about in the oil futures markets, and prices will return to a normal level.

[Ursus arctos horribilis]

I AM RETIRED FROM A MAJOR OIL COMPANY, THIS ARTICLE IS DEAD ON TARGET.

[FreedomCalls]

It costs $250,000 to make hole here in Texas. One out of every three wells comes up dry in a known oil field. If you are wildcatting in an unknown area, one out of every ten comes up dry. Who is willing to spend that kind of money in the U.S. when drilling costs are way lower overseas and the odds of success much higher?

[Ceebass]

Those references show that the US has in reserve many billions of barrels of oil, enough to stop all importation of oil for many generations.

Aside from what's in ANWR I'm not sure how many of those are crude oil reserves. Most are probably shale oil reserves which are harder to recover.

There's no real oil shortage in general but a $20 a barrel shortage appears to be a definite possiblity.

[68-69TonkinGulfYachtClub]

PING

[Jim_Curtis]

The ugliest most uninhabitable parts of our country such as the Alaska wilderness wasteland are overflowing with oil to bring onto the market. Bush needs to, by EXECUTIVE ORDER, open the spickets and set the price at $20 per barrel.

This is not like forcing price controls on the free market because govt. has authority over these oil reserves. The Democrats would do it in a second and we would point our finger at them saying "but they were all against us drilling..." and our cries would amount to nothing, they weren't serious, they were playing "paralyze the Republican" games.

Just look at John Kerry talking about giving nuclear fuel to Iran for "peaceful purposes" when liberals have been calling nuclear power the most evil thing on earth for decades.

I hope Bush isn't getting advice from these Saudi invested companies that will lose money if we start drilling here at home. You can read about Exxon and these types who are against homeland drilling because they are totally tooled for Middle East drilling and more drilling here will take a bite out of their profits by putting more oil on the market.

Being "conservative" and saving these reserves for a rainy day is suicide because the Democrats would drill the heck out of it...they are the same people who would empty our strategic reserves to put money in the pockets of Jesse Jackson minions like that guy in Harlem, four years ago, when Clinton was supposedly drawing up war plans against Afghanistan for his replacement to follow...empty strategic reserves and an unprovoked war that would have cut us off from OPEC.

Stop worrying about what the Democrats whine about and do the right thing.

[Syncro]

Who'd of thunk it ping FYI...

[TheTwelvePack]

Drill all you want but until we get more refineries or refinery production up the problem will still be there. Also I live in Michigan where the are about 5 different standards for the type of gas you use depending on what area you are in and what time of year it is.

[Squantos]

And the professionals say ?

[mdmathis6]

Thats 17 million a day? You mean nearly 5 and a half billion barrels a year? What in Hades are they thinking in DC and the oil headquarters?

[Casloy]

I believe our problem is a refining shortage and the fact it costs more to pump our oil than it does to import foreign oil. On the latter, doesn't it make more sense to buy imported oil and leave ours under the ground for a time when we either get cut off from foreign sources?

[AF_Blue]

There are a lot of folks who can't understand how we came to have an oil shortage here in America.

Well, there's a very simple answer... Nobody bothered to check the oil. We just didn't know we were getting low.

The reason for that is purely geographical. All our oil is in Alaska, Texas, California, and Oklahoma. Our dipsticks are in Washington, D.C.

[pangenesis]

This is a cruel joke. The US oil production peaked in 1970. This is geological fact, not a political one. The reality is the US needs to get control of mideast supplies, NOW.

[stboz]

"Washington has a shortage of the political will required to let American workers go get it."

How much you wanna bet we'll eventually let Mexican and Chinese workers go get it?

[facedown]

bump

[Fruitbat]

All I remember is that in the '70s in school we were told that at then present rates there would be no oil left by the mid-90s.

D'OH!

Since the rate of consumption has actually increased sizeably, I'd say that they were way off. In fact, I read something about a year ago stating that there was no end in sight for this "unreplenishable fossil fuel."

I'm sure we'll find alternative sources of energy, but it's not the hurry that many want to make it out to be.

[southland]

bttt