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Post |
US has largest untapped oil supply in the world - 300 years worth -
Dems block access
A
Column by the Editor
web
posted July 24, 2008
COLUMN – Tired of high gas prices? Tired
of food prices going up because of energy costs? Blame the Democrats.
The United States is sitting on the world’s largest supply of oil and
Democrats and their ecomaniac left wing special interests (make America
fall from within) are the ones who do anything and everything to stop
our country from becoming “independent of foreign oil”. In fact, the US
has enough oil reserves untapped that could supply our country for 300
years without importing a single gallon of gas.
Such untapped reserves are estimated at about 2.3 trillion barrels,
nearly three times more than the reserves held by Organization of
Petroleum Exporting Countries (OPEC) nations. Yet, due to Democrats,
and a few Republicans, as well as other anti-capitalists, “public
lands” (that means owned by “the people”) are off limits. In other
words, we own the land and the oil, you and I, but we can’t let oil
companies drill for “our” own oil because of Democrats.
While other countries with less oil reserves are paying well under a
dollar a gallon for gas, our Congressional leaders, controlled by the
Democrats, are seeing to it that we import more from OPEC and other
countries that are hostile to the US, creating the largest transfer of
wealth the world has ever known. I guess that would explain why gas and
oil prices more than doubled since the Democrats took over Congress and
their approval rating has fallen to a historical 9% low.
Not to mention that taking the wealth of the American people and
sending it overseas only lowers the value of our dollar. That, of
course, is the real agenda of the Democrat left.
Where are these great oil supplies? They are all over our country.
Oil extracted from shale fields represents the mother lode of untapped
reserves, at about 1.5 trillion barrels - or 200 years worth of supply
at current usage levels. Roughly two-thirds of the U.S.'s oil shale
fields in Colorado, Wyoming and Utah are in federally-protected areas
and closed to development.
Around 75 billion barrels of oil could come from tar sands, similar to
Canadian fields, which now churn out a million barrels a day. The sands
are located predominantly in Utah, Alaska, Texas and California, as
well as in Alabama and Kentucky on federal and state lands that, by
laws, are closed to mineral and petroleum development.
Something in the neighborhood of 90 billion barrels of oil sit beneath
the ocean bed 50 to 100 miles off the Atlantic, Pacific and Gulf
coasts. Congressional prohibitions have put the tracts off-limits to
oil company exploration. We just have to keep those Muslim countries
that support terrorism rolling in the money.
Up to 100 billion barrels of oil reserves are under rocks buried a mile
or more beneath Montana and Saskatchewan, Canada that equate to more
than twice the size of Alaskan's entire oil cache.
The Alaska National Wildlife Refuge contains over 10 billion barrels of
oil that Democrats refuse to allow drilling when the reserve fields
were set aside for “oil exploration”.
Of course, even if the Democrats, who want to blame President George
Bush and “Big Oil” for high prices, were to actually practice what they
preach (Oil independence) the ability to bring that oil to market could
not happen because Democrats and their econazis have placed
restrictions that would not let America build the refiners necessary to
provide the gasoline we need.
In fact, there are fewer refineries in the US now than there were in
the 1970’s. Again, look who was in power and closed the refineries
down, Democrats.
It is funny, President Bush announced that he was lifting all
presidential executive orders against drilling on the OCS (only, not
our larger reserves) this week and worldwide oil prices fell over $20 a
barrel to a close on Wednesday at $124.44, down from $147 a barrel.
Imagine what would happen to world oil prices, and the US economy, if
we actually started drilling.
But, that would be good for America and anything “good” for America is
bad for the National Democrat Party which is beholden to special
interests groups that have our demise as their agenda.
So the next time you fill up you tank with gas that cost you as much as
your grocery bill… or more, thank a Democrat.
See you at the polls in November.
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Copyright 2008
EdgefieldDaily.com All
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EdgefieldDaily.com and cannot be reproduced, rewritten or redistributed
without the expressed written permission of Edgefield Daily.com
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