"Major Debacle" <Major_Debacle@[EMAIL PROTECTED]
> wrote in
message news:iIbgk.16718$89.4734@[EMAIL PROTECTED]
> 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.
I'm not disputing the numbers. I'm disputing their significance.
> 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.
Why would we want to rely solely on the oil we have? So you can make
another
nutty argument to oppose drilling?
> 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.
My estimate is 21 billion barrels and I got that estimate from the Energy
Information Administration.
However:
"A 2005 estimate set the total world resources of oil shale at 411
gigatons - enough to yield 2.8 to 3.3 trillion barrels (520 km³) of shale
oil.[2][3][4][5] This exceeds the world's proven conventional oil
reserves,
estimated at 1.317 trillion barrels (209.4×109 m3), as of 1 January
2007.[21] The largest deposits in the world occur in the United States in
the Green River basin, which covers ****tions of Colorado, Utah, and
Wyoming;
about 70% of this resource is located on federally owned or managed
land.[22] Deposits in the United States constitute 62% of world resources;
together, the United States, Russia and Brazil account for 86% of the
world's resources in terms of shale oil content.[19] These figures are
considered tentative, as several deposits have not yet been explored or
analyzed.[6][2]"
http://en.wikipedia.org/wiki/Oil_shale
-Eddie Haskell
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