Re: Friends of George

Eddie Haskell wrote:
> "Dave Fritzinger" <dfritzin@[EMAIL PROTECTED]
> wrote in message 
>
news:8141c0cd-a178-40b1-bb28-64fe1ca2ed83@[EMAIL PROTECTED]
> On Jul 16, 7:34 am, "Eddie Haskell" <h...@[EMAIL PROTECTED]
> wrote:
>> "z" <gzuck...@[EMAIL PROTECTED]
> wrote in message
>>
>>
news:b5660c72-5986-4529-9ea9-4462784b4a9f@[EMAIL PROTECTED]
>> On Jul 16, 12:20 pm, "Eddie Haskell" <h...@[EMAIL PROTECTED]
> wrote:
>>
>>> ..that you hope and pray for and so refuse to allow increased domestic
>>> energy production.
>>> -Eddie Haskell- Hide quoted text -
>>> - Show quoted text -
>>> we own 3% of the world's oil. we use 25% of the world's oil. are you
>>> really thinking that if we could only get at all of that 3%,
>>> everything would work out? you guys really take bush's hatred of
>>> "fuzzy math" to heart.
>> Aside from the fact that I don't buy your numbers for a minute, the
>> percentage of what we own has nothing to do with the percentage we use 
>> that
>> is produced.
> 
> You ought to buy his figures, though.
> For reserves, see: http://www.infoplease.com/ipa/A0872964.html
> 
> US oil reserves: 21.4 billion barrels
> Total world reserves: 1,292.6 billion barrels.
> US % of total reserves: 21.4/1292.6= 1.655%
> Gee, that is worse than what Z said.
> 
> How about consumption?
> See: 
>
http://investing.curiouscatblog.net/2008/06/30/oil-consumption-by-country/
> US % of total world oil consumption: 25.9%
> 
> Google is my friend, even if it isn't yours <g>
> [snip]
> 
> -------------------------------------
> 
> I see you are as dumb as "Z" and think that the percentage that we have
has 
> something to do with the percentage of what we consume that is produced.
> 
> -Eddie Haskell 

Here's some numbers you can't dispute.

The US currently consumes some 7.5 billion barrels of oil a year.

The Energy Information Administration of the US government claims that 
the US has reserves of 21 billion barrels.

http://tonto.eia.doe.gov/dnav/pet/pet_crd_pres_dcu_NUS_a.htm

If it had to rely solely on its own reserves of 21 billion barrels, the 
US would run out of oil in less than three years.

If you think you know more than the Energy Information Administration, 
please tell us *your* estimate of US crude oil reserves and how you 
arrived at them.