Uh, I thought that it was 800 BILLION barrels of oil. 800 million bbls. would only satisfy about 10 days of world oil demand.
http://sbvor.blogspot.com/2008/06/oil-shale-in-usa.html
What`s their motive?
I think according to US geological surveys there are close to 2 TRILLION barrels of shale oil in the USA, more il than there is in Saudi Arabia.
Why is the radical left against US energy independence ?
You are correct. Writing million instead of billion is a reporting typo.
Regulations Proposed for Oil Shale Program that Could Produce up to 800 Billion Barrels of Oil
http://www.doi.gov/news/08_News_Releases/080718a.html
The US uses 20 million barrels a day, so this would last us about 40 days.
But hey, friends, that 40 days that we don’t have if we don’t go after the oil shale petro
But just the idea of taking proceeding to commence to begin will scare the willies out of the speculators and that alone will account for some drop in price. I hope the Demos have a ton of money in the hedge funds when the price starts to drop significantly