When we get around to a serious look in Khazakstan, western China, offshore Africa, ANWAR, etc., we'll find billions of more barrels. The only thing limiting production is ENVIRONMENTALIST WACKOs.
Some many generations from now, oil will actually be depleted. By which time nuclear will work just fine. Or, my geology friend says there is more coal under one county in Wyoming than all the Oil in Saudi Arabia.
LOL. I remember those same lectures. The turn of the century was supposed to signal "the end of life as we know it."
And foreign nations who may choose to retain their petroleum resources for their own purposes.
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U.S. Crude Oil Production |
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U.S. Petroleum Imports |
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Total
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Since the original Arab Oil Embargo of 30 years ago, Congress has failed miserably in its repeated promise of making America more self-sufficient in energy production. In fact, our dependence on imported oil has INCREASED from 25+% to over 65% during this period. And we've resorted to evermore frequent use of military force to secure this oil supply.
While development of domestic oil resources may provide some benefit, more significant independence may be achieved by reducing our petroleum consumption. The most direct way of achieving this goal would be to construct modern, efficient, electricly-powered mass-transportation systems in our nation's most densely populated regions and urban areas. Nuclear and clean-coal generating technologies could easily supply the vast amount of energy needed to reduce our imported oil dependencey. This would safeguard our nation's sovereignty and security by making us less vulnerable to foreign control of our energy supply.