Soviet Union is coming to America

Tight-Waist · 05-27-2008, 10:53 AM

Originally Posted by Big

Saudi Arabia will be sucked dry in 15-20 years with this pace.

They said the same thing back in the 1970s

Tight-Waist · 05-27-2008, 10:57 AM

I am in a bit of a quandry about shale oil.

It is my understanding that there is far more shale oil in the US than oil in the Mideast. Back when oil was hovering around $20/brl that oil would have to get past $60/brl for the refining of shale oil to become economically feasible.

So what gives?

(No conspiracy theories please)

Cyclone85 · 05-27-2008, 02:01 PM

That is true -- we have vast resources in shale oil; we have more than the rest of the world combined from the one source I saw. Whatever the number is, it's really big. I'm guessing the EPA has restrictions on it because it is dirtier? I don't know....another fine example of our government at work.

Originally Posted by Tight-Waist

I am in a bit of a quandry about shale oil.

It is my understanding that there is far more shale oil in the US than oil in the Mideast. Back when oil was hovering around $20/brl that oil would have to get past $60/brl for the refining of shale oil to become economically feasible.

So what gives?

(No conspiracy theories please)

Soviet Union is coming to America

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