Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Pokey78
Alas, Yes...

I don't know where these people are getting their information, but the American Petroleum Institute says the United States has about a 70 year domestic oil reserve, and proven reserves of American oil are increasing each year, not declining. North America, including Canada and Mexico, has about a 200 year oil reserve. This war is about terrorism, not oil.

The world now has about an 805 year oil supply.

American Petroleum Institute.

For the webTVers:

http://www.api.org/edu/factsoil.htm

44 posted on 11/10/2001 6:50:02 PM PST by Terrorista Nada
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Terrorista Nada
From your link....Where Do U.S. Oil Supplies Come From? Here is a breakdown based on government data for the year 2000:

Supplied Domestically 38.2 % Canada 9.2 % Saudi Arabia 8.0 % Venezuela 7.8 % Mexico 7.0 % Nigeria 4.5 % Iraq* 3.1 % United Kingdom 1.9 % Norway 2.4 % Colombia 1.7% Angola 2.0 % All Other Countries 11.6

51 posted on 11/10/2001 6:58:26 PM PST by monkeyshine
[ Post Reply | Private Reply | To 44 | View Replies ]

To: Terrorista Nada
The basic problem bring that the world has too much oil?
60 posted on 11/10/2001 7:32:29 PM PST by RobbyS
[ Post Reply | Private Reply | To 44 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson