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Originally Posted by SniperSB23
Estimates of what we can actually get to place the number more around 39 billion barrels. So basically if a world war broke and we were suddenly cut off from being able to import oil we would exhaust our oil supplies in five years. Perhaps in five years we could find ways to access some of the currently unattainable oil but that isn't something I want to count on. Let's hold off on "drill baby drill" until we are sure we can access even a quarter of the oil that we believe to be out there. And if in the meantime we can develop more renewable sources as well then we'll be able to stretch it for even longer and have alternatives when it finally does all run out.
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How about letting American Oil companies drill at their own expense w/either a leasing or profit share agreement on U.S. 'protected lands' with all money collected going to development of renewable resources? And end all this nonsense of Cap and Trade?