Crude Oil Reserves at Highest Level Since 1985
Natural gas, Obama, oil, Oil Sands, refining, reserves, shale oil
By Institute for Energy Research —— Bio and Archives--August 14, 2013
Global Warming-Energy-Environment | Comments | Back To Full Article
“As a country that has 2 percent of the world's oil reserves, but uses 20 percent of the world's oil — I'm going to repeat that — we've got 2 percent of the world oil reserves; we use 20 percent. What that means is, as much as we're doing to increase oil production, we're not going to be able to just drill our way out of the problem of high gas prices. Anybody who tells you otherwise either doesn’t know what they’re talking about or they aren’t telling you the truth.”
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