Quote:
Originally Posted by Botnst
If we remove every pool of oil that is less than 500 days of total US consumption from the market, how much fuel, how much recoverable oil would we have?
B
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About 58,000 days of US consumption (based on estimated reserves in giant and supergiant oilfields). Why are you asking?
There's a lot of people screaming right now in the US that "we have vast oil reserves and could supply our own needs for [insert number here] decades if it weren't for those envirofascists!".
That is not true, nor will it be regardless of how much money you pour in it or what areas you will open up for exploration.
And then there's the issue of
flow rates. As someone said, "
it's not the size of the barrel, it's the size of the tap, stupid!".
There's a estimated of 1,700 billion barrels of oil in the Athabasca oil sands but they're only producing ~1,1Mbbl/day. Why? Because it's not possible economically to produce more than that, the capital expenditures of increasing production are just off the charts. This is true for every oil field around the world.
It is not the liberals fault or nor anyone else, it's the earths fault and if you believe in God as a creator of earth, blame him for not putting more oil underneath the US.