Wednesday, February 25, 2009

World Oil Balance Update - 2/25/09

Don’t miss the 2/25/09 updates to this post
(which is a subset of this post).

Drill Baby, DRILL!

2 comments:

1 said...

Not to worry though, even if world demand surges back up there is still plenty of resources to feed the demand...

America's Endowment of Solid and Liquid Resources Equals 9,033 Billion Bbls Eqivalent

================

The MMS estimates that the quantity of undiscovered technically recoverable resources ranges from 66.6 to 115.3 billion barrels of oil and 326.4 to 565.9 trillion cubic feet of natural gas. The mean or average estimate is 85.9 billion barrels of oil and 419.9 trillion cubic feet of natural gas...

================

Let's not forget about the potential of Abiotic Oil...

SBVOR said...

1,

Thanks for the comment and the links!

There is no question that we have plenty of oil and other hydrocarbons available right here in the USA.

Unfortunately, ignorant (at BEST) politicians keep putting those resources off limits - in order to serve their Socialist agenda.

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