Forum Discussion
Fezziwig
Jan 29, 2010Explorer
As a matter of fact I DID read your link, which went to Human Events which proudly announces that it is in the Conservative Underground, so it is partisan.
They cited another report (Human Events does NO original research), which doesn't cite it's sources, but makes two cavils: (1) they have to guess at coal equivalents to oil, (2) they don't really know foreign oil resources.
The thing that makes US resources look huge are the US coal reserves. Note: there is no way for coal to substitute directly for oil.
We have enough oil reserves for STRATEGIC use, but it would be stupid to fritter that oil away at todays cheap prices and have no reserves for the future when prices will rise and oil will be more scarce.
They cited another report (Human Events does NO original research), which doesn't cite it's sources, but makes two cavils: (1) they have to guess at coal equivalents to oil, (2) they don't really know foreign oil resources.
The thing that makes US resources look huge are the US coal reserves. Note: there is no way for coal to substitute directly for oil.
We have enough oil reserves for STRATEGIC use, but it would be stupid to fritter that oil away at todays cheap prices and have no reserves for the future when prices will rise and oil will be more scarce.
About RV Tips & Tricks
Looking for advice before your next adventure? Look no further.25,102 PostsLatest Activity: Jan 18, 2025