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Arctic May Hold 90 Billion Barrels of Oil, U.S. Says

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The Arctic may hold 90 billion barrels of oil, more than all the known reserves of Nigeria, Kazakhstan and Mexico combined, and enough to supply U.S. demand for 12 years, the U.S. Geological Survey said.

One-third of the undiscovered oil is in Alaskan territory, the agency found in a study released today. By contrast, a geologic formation beneath the North Pole claimed by Russian scientists last year probably holds just 1.2 percent of the Arctic's crude, the U.S. report showed.

...

The region above the Arctic Circle also holds an estimated 1,669 trillion cubic feet of natural gas, equal to 27 percent of the world's known gas reserves, the study showed. Almost 40 percent of the gas reserves are in Russia's West Siberia Basin.

http://www.bloomberg.com/apps/news?pid=206...id=aqEDMhrCvp28


Man is made by his belief. As he believes, so he is.

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If your car burns gasoline say 'yes' to drilling!!!!


"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."

Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006



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If your car burns gasoline say 'yes' to drilling!!!!

That makes about as much sense as saying that driving an SUV supports terrorism.

That's twice you've said that. It doesn't make sense. You're right.

But every barrel of oil we drill domestically means we import one less barrel. Which is good.


"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."

Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006



barack-cowboy-hat.jpg
90f.JPG

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If your car burns gasoline say 'yes' to drilling!!!!

That makes about as much sense as saying that driving an SUV supports terrorism.

That's twice you've said that. It doesn't make sense. You're right.

But every barrel of oil we drill domestically means we import one less barrel. Which is good.

...compared to reducing consumption thru high fuel efficiency standards, it pales in comparison. T. Boone Pickens is right....we can't drill our way out of our foreign oil dependency. What we need is some common sense solutions, not feel good rhetoric.

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If your car burns gasoline say 'yes' to drilling!!!!

That makes about as much sense as saying that driving an SUV supports terrorism.

That's twice you've said that. It doesn't make sense. You're right.

But every barrel of oil we drill domestically means we import one less barrel. Which is good.

...compared to reducing consumption thru high fuel efficiency standards, it pales in comparison. T. Boone Pickens is right....we can't drill our way out of our foreign oil dependency. What we need is some common sense solutions, not feel good rhetoric.

yes! like wind, solar and nuclear. Hydro too but I don't think we have room for more dams. Maybe tidal then.

conservation too


"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."

Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006



barack-cowboy-hat.jpg
90f.JPG

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If your car burns gasoline say 'yes' to drilling!!!!

That makes about as much sense as saying that driving an SUV supports terrorism.

That's twice you've said that. It doesn't make sense. You're right.

But every barrel of oil we drill domestically means we import one less barrel. Which is good.

...compared to reducing consumption thru high fuel efficiency standards, it pales in comparison. T. Boone Pickens is right....we can't drill our way out of our foreign oil dependency. What we need is some common sense solutions, not feel good rhetoric.

yes! like wind, solar and nuclear. Hydro too but I don't think we have room for more dams. Maybe tidal then.

conservation too

I just read that hydrogen cars are about 15 yrs. down the road, even with government funding.

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If your car burns gasoline say 'yes' to drilling!!!!

That makes about as much sense as saying that driving an SUV supports terrorism.

That's twice you've said that. It doesn't make sense. You're right.

But every barrel of oil we drill domestically means we import one less barrel. Which is good.

...compared to reducing consumption thru high fuel efficiency standards, it pales in comparison. T. Boone Pickens is right....we can't drill our way out of our foreign oil dependency. What we need is some common sense solutions, not feel good rhetoric.

yes! like wind, solar and nuclear. Hydro too but I don't think we have room for more dams. Maybe tidal then.

conservation too

I just read that hydrogen cars are about 15 yrs. down the road, even with government funding.

Have you watched Who killed the electric car?


"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."

Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006



barack-cowboy-hat.jpg
90f.JPG

Share this post


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If your car burns gasoline say 'yes' to drilling!!!!

That makes about as much sense as saying that driving an SUV supports terrorism.

That's twice you've said that. It doesn't make sense. You're right.

But every barrel of oil we drill domestically means we import one less barrel. Which is good.

...compared to reducing consumption thru high fuel efficiency standards, it pales in comparison. T. Boone Pickens is right....we can't drill our way out of our foreign oil dependency. What we need is some common sense solutions, not feel good rhetoric.

yes! like wind, solar and nuclear. Hydro too but I don't think we have room for more dams. Maybe tidal then.

conservation too

I just read that hydrogen cars are about 15 yrs. down the road, even with government funding.

Have you watched Who killed the electric car?

...not yet. I should write that down and see if Netflix carries it.

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Burning the excess fat of overweight Americans will provide enough power to light up the cty of New York for 20 years! Then what?

Back to whaling??? :blink:

Unless there is a trastic reduction in the earths population guarens we will be building more nuclear plants in the NEAR future.

Edited by Haole

K1 denied, K3/K4, CR-1/CR-2, AOS, ROC, Adoption, US citizenship and dual citizenship

!! ALL PAU!

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...not yet. I should write that down and see if Netflix carries it.

good movie


"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."

Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006



barack-cowboy-hat.jpg
90f.JPG

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