The Chinese will eventually rule the world economically and militarily. They are telling G Bush Jr. what to do now re. North Korea.
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The USA
The rest of the world
Stalemate
Mutually Assured Destruction
OPEC is also not really interested in seeing the US start seriously looking at the Shale Oil as a recoverable source of oil. We have talked about it, and it is now cost effective, but there are still to many environmental issues, kind of like the oil sands the Canadians are developing. Anyway if we do ever go into full scale recover of that oil the US will become the country with teh worlds largest reserve of oil overnight. It isn't considered as part of our reserves at the moment because we are really commercially exploiting it. THe same goes for the new deep gulf finds.
The Chinese will eventually rule the world economically and militarily. They are telling G Bush Jr. what to do now re. North Korea.
I remember hearing an interview with the Gov. of Wyoming, IIRC, on the radio some time ago. He was a strong proponent of the coal to diesel fuel technology, saying that it was capable of producing $35/barrel diesel fuel. He also said that at today's usage rate, our reserves would allow us to be self-sufficient for 150 - 200 years.![]()
843rd Bomb Wing - Strategic Air Command
"Peace is our Profession"
"Human law must rest its authority ultimately upon the authority of that law which is Divine. . . . Far from being rivals or enemies, religion and law are twin sisters, friends, and mutual assistants.
" - James Wilson, U. S. Supreme Court Justice and Signer of the Declaration of Independence and the Constitution
Fram what I have heard it would not make us self sufficient. It would give us enough oil for 200 years with current imports. Take away the imports and you seriously reduce the timeframe. Besides the US isn't all of a sudden going to remove itself from the world oil market tomorrow. That would seriously destabilize OPEC and it is not in our interest to do that.
Not so.
The North American coal reserves amount to the equivalent of 178Gigatons of petroleum. By contrast, the Middle East's oil reserve is only 100Gigatons.
..........
In contrast, coal reserves are forecast to last
well into the future – on a global average for a
further 155 years, but in some countries
domestic reserves may last much longer [BP
2006]. There are vast reserves in the USA,
Russia, China, India and Australia, and many
other countries have reserves more than
adequate for over 100 years of use at
current rates.
http://www.worldcoal.org/assets_cm/f...quid_fuels.pdf
843rd Bomb Wing - Strategic Air Command
"Peace is our Profession"
"Human law must rest its authority ultimately upon the authority of that law which is Divine. . . . Far from being rivals or enemies, religion and law are twin sisters, friends, and mutual assistants.
" - James Wilson, U. S. Supreme Court Justice and Signer of the Declaration of Independence and the Constitution
Maybe this one's a little clearer, sorry.
Or 100% of our current demand for 100 years.The report by the RAND Environment, Energy and Economic Development program says that between 500 billion and 1.1 trillion barrels of oil are technically recoverable from high-grade oil shale deposits located in the Green River geological formation, covering parts of Colorado, Utah and Wyoming.
The mid-point of the RAND estimate – 800 billion barrels – is three times the size of Saudi Arabia's oil reserves. This is enough oil to meet 25 percent of America's current oil demand for the next 400 years.
RAND | News Release | RAND Study Says High World Oil Prices and Technological Developments Could Make Shale-Derived Oil Competitive
843rd Bomb Wing - Strategic Air Command
"Peace is our Profession"
"Human law must rest its authority ultimately upon the authority of that law which is Divine. . . . Far from being rivals or enemies, religion and law are twin sisters, friends, and mutual assistants.
" - James Wilson, U. S. Supreme Court Justice and Signer of the Declaration of Independence and the Constitution
843rd Bomb Wing - Strategic Air Command
"Peace is our Profession"
"Human law must rest its authority ultimately upon the authority of that law which is Divine. . . . Far from being rivals or enemies, religion and law are twin sisters, friends, and mutual assistants.
" - James Wilson, U. S. Supreme Court Justice and Signer of the Declaration of Independence and the Constitution
843rd Bomb Wing - Strategic Air Command
"Peace is our Profession"
"Human law must rest its authority ultimately upon the authority of that law which is Divine. . . . Far from being rivals or enemies, religion and law are twin sisters, friends, and mutual assistants.
" - James Wilson, U. S. Supreme Court Justice and Signer of the Declaration of Independence and the Constitution
Both of those were built if I am not mistaken before new EPA rules came into effect to protect wetlands and pretty much anything that can be even remotely considered to be wetlands. Good luck with those projects today. Still interested in the swampland?
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