Obviously the Baraqqis are doing everything they can to torpedo this trend.
But with a Republican POTUS and solid majorities in Congress in 2013 it could happen.
Over the EPAs dead body. . . . . well sacrifices have to be made.
if that happens, those Middle East countries will be as important to us now as countries like Liberia are.
So, I won’t need to go out and buy me a hybrid or an electric car?
Maybe we’ll get those Chevy Volts cheap in garage sales somewhere.
the enviros have been interfering with oil and gas for decades.
Not gonna happen until there are no more than half a dozen Dems and RINOs are in the House, Senate; and none in the White House.
Not gonna happen as long as one shyster lawyer is allowed to practice in the USA.
Not gonna happen with Hugo Chavez or his ilk have the power to nationalize industries in Mexico, Central and south America.
A trillion barrels is more than 100 years consumption by the US market at current demand.
This is the fundamental reason we don’t have fusion power. Who wants to invest gigantic sums to develop it, when the technology to crush it on price has already been developed.
Peak oil is like a religion. Some people will always believe.
Obviously, we have only scratched the surface of supplies.
OPEC is the largest supporter of the enviromental movement in the USA...
The usual enviroretards are in the comment section at the story source. These people are certifiable Gaia worshipers.
This all sounds lovely and I hate to rain on the parade but there is a little problem called depletion. Depletion for shale is a hotly debated subject.
The reserves may be present but the production rate may not be. It will probably take lots and lots of wells producing little amounts per day.
Still, this is a better outlook than not because I really enjoy my stuff that burns diesel. Recreational bulldozing is a hard habit to break.