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Old 05-16-2008, 04:58 PM   #54 (permalink)
1911
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Location: Parker County, TX and Santa Fe County, NM
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Re: Five Dollar Per Gallon Gas

Quote:
wvuhillbilly previously said: View Post
We have enough oil reserves in this country to last 500 years I've read.
Absolutely false for crude oil. We do have a lot of natural gas, oil shale, and Canada has a lot of tar sand - but oil shale and tar sands are very very expensive to extract crude oil from. The military is already liquifying coal to make jet fuel on a trial basis, in case of (expanded) war in the Middle East, also very expensive. We will be using those sources before it's all over, but it's going to be really expensive by the time we get there.
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