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Domestic oil reserves are not enough

  • Time Posted 1 year, 3 months ago in General.
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The United States is using about 25 percent of the world’s oil production, and we have about 3 percent of the world’s oil reserves. Even if we were able to tap every drop of domestic oil in a very short period of time, it would make absolutely no difference in what is happening with oil prices.

What is it that drilling proponents either misunderstand or dispute about these numbers? And why are journalists failing to include this issue in coverage and opinion about drilling? We can’t have intelligent discussion without appropriate background information.

MARY SEALING
Fruita

One Response to “Domestic oil reserves are not enough”


  1. Willis_Leon_Johnson

    While well meaning, the letter writer does not understand the issue, or chooses not to understand the issue.

    The United States has more than ample known reserves to supply all our needs.

    The problem lies in the hall of government where our illustrious ‘leaders’ have blocked our ability to produce, refine, and distribute our own oil.

    What can be produced into gasoline is required by law to be mixed into an unbelievable number of blends of ‘oxygenated’ fuels, for a ridiculous number of communities for ‘environmental’ reasons, none of which has ever been proven to be effective at reducing emissions.

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