Skip to comments.GAO To Obama: More Oil Than Rest Of The World
Posted on 05/15/2012 5:44:28 PM PDT by Bevo
Energy: The Government Accountability Office tells Congress the Green River Formation out West contains an "amount about equal to the entire world's proven oil reserves." So why are we keeping it locked up on federal lands?
Exploding the Big Lie pushed by President Obama that we can't drill our way out of high gas prices because we have but 2% of the world's proven oil reserves, Anu Mittal, GAO director of natural resources and environment, testified before Congress last week that just one small part of the U.S. is capable of outproducing the rest of the planet.
That small part is known as the Green River Formation, the world's largest oil shale deposit, and is located in a largely vacant region of mostly federal land on the western edge of the Rocky Mountains that includes portions of Wyoming, Utah and Colorado.
As we have written in our "Oil And Gas/Fact And Fiction" series, the Green River Formation has been dubbed our Persia on the Plains, an area with technically recoverable oil in an amount estimated at four times the proven resources of Saudi Arabia.
(Excerpt) Read more at news.investors.com ...
Because that land is earmarked for the United Nations.
But, but, but - the cult of global warming, including head guru James Hansen, tell us that it is “game over” for the climate if we take advantage of this resource. Who are you going to believe - your lying eyes or the esteemed global warming “scientists”? After all, just look at how much the climate has warmed in the last decade! Er, on second thought - don’t look at that. Trust the “scientists”. They know best!
Think of the jobs, the lower cost of living, the national security.......our energy policy is irrational.
We only need to look at N. Dakota to see what the energy industry can do for the economy. 3% unemployment, a building boom , lower gasoline costs. All this happening during the 0bama depression and you hear very little about in the MSM.
BTW isn't Alberta going through a boom due to oil sands? It stands to reason we should have similar potential on this side of the border. You're right, our energy [non-]policy is irrational, and the left in this country is a sick joke.
It’s potential reserves. Reserves are estimates of the quantity of product in producing zones in actual wells.
... just one small part of the U.S. is capable of outproducing the rest of the planet ...
And our enemies laugh at our stupidity.
It’s still a hell of a lot of oil, regardless.
Yes, but it means Obama’s arguments against drilling are bogus.
I’ve heard many at Fox News spread the lie of “2% of the world’s proven oil reserves”, many times..
and many republican officials as well.. not to mention all the times those same people didn’t not say it BUT did not expose the lie as a lie.. spoken by others..
Most of Alaska cannot even be prospected for oil because of federal land.. and ALL of the east coast of the US as well..
Hitler, Stalin and Mao existed mainly on lies..
Most of URP(canada) exists on lies.. economic, financial, and social..
The question really is... WHAT lies do you believe... NOW?..
Yes.. thats right.. YOU?...