I AM RETIRED FROM A MAJOR OIL COMPANY, THIS ARTICLE IS DEAD ON TARGET.
There is enough oil in California to run this country for a few hundred years.
Thank you.
I'm sure that it irritates the hell out of you watching the events in the energy sector today. I had no idea that our reserves were as high as they are until I read the footnotes to this study.
The obstructionism of the Rats borders on treason.
A texas oil man and family friend told pop, that there was PLENTY OF BIG OIL in texas that would be profitable to pump out of the ground... roughly 50-75cents a gallon ago.
Not even close to running out.
I wonder at times, if OUR supply of oil, may not in fact be larger than that of other "big oil" exporters... proven reserves.