U.S. Oil Reserves Bigger Than Saudi Arabia’s.

[Knot Again]

I’M OLD ENOUGH TO REMEMBER WHEN BARACK OBAMA SAID WE COULDN’T DRILL OUR WAY OUT OF AN OIL SHORTAGE:



Palin was right

JUST DRILL BABY!


https://reason.com/blog/2016/07/05/us-oil-reserves-bigger-than-saudi-arabia

 

[Knot Again]

Oil

Renewable resource

 

[miles]

Remember the Chicken Little cries that we were going to run out of oil?

Another liberal fairy tale narrative evaporates into thin air.

What were the odds?

 

[Knot Again]

100% of all LIB talking points

are

lies

 

[trysail]

I’M OLD ENOUGH TO REMEMBER WHEN BARACK OBAMA SAID WE COULDN’T DRILL OUR WAY OUT OF AN OIL SHORTAGE:



Palin was right

JUST DRILL BABY!


https://reason.com/blog/2016/07/05/us-oil-reserves-bigger-than-saudi-arabia

Dead flat wrong.

"...Most estimates of undiscovered resource potential in the United States (onshore + offshore) are in the range of 400 billion barrels. If you count oil shales (different from shale oil) you can push the number up to 1.4 trillion barrels. So, Rystad’s 264 billion barrels is actually a conservative estimate of reserves and resource potential. The US has huge potential for future oil and gas discoveries, probably far greater than Saudi Arabia or Russia. However, those future discoveries aren’t reserves.

I applaud Rystad Energy for trying to draw an “apples to apples” comparison of oil reserves in the U.S. and other rule of law nations to those of countries like Russia, Saudi Arabia and Venezuela. However, they are blurring the distinction between reserves and resource potential.

While the distinction between reserves and resources may seem like nitpicking, the misuse of the word “reserves” is frequently used by politicians..."
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https://wattsupwiththat.com/2016/07...e-of-saudi-arabia-and-russia-well-not-really/



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[Knot Again]

so someone says YES

and someone says NO



That ISNT THE POINT!

 

[trysail]

so someone says YES

and someone says NO



That ISNT THE POINT!

I'm sorry but U.S. Reserves are NOT bigger than the Sauds.


I know exactly what point you are trying to make but exaggerating the facts is not the way to go about it.


The current U.S. Administration has been a huge obstacle and impediment to U.S. economic health. The policies are muddle-headed and they've got a bunch of nutters who are drunk on the climate Kool-Aid pseudoscience.



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[JohnnySavage]

An oil derrick in everyone's back yard!

Starting with BB and Trysail.

 

[Knot Again]

I'm sorry but U.S. Reserves are NOT bigger than the Sauds.




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Others disagree