John Hinderaker points out, we’ve been sold a bill of goods when it comes to our country’s energy resources:
For a long time, the Left has gotten away with underselling America’s energy resources. The old chestnut that the U.S. uses 25% of the world’s oil but only has 2% to 3% of the world’s oil reserves has been repeated endlessly by Barack Obama and many others. This claim fooled millions of people who didn’t understand that in the U.S., “reserves” means petroleum that is 1) legally available for development, and 2) profitably extracted at current prices. So if Democrats would stop preventing drilling, we could vastly increase our “reserves,” as legally defined, overnight.
Happily, the publicity that has recently been given to massive shale oil and natural gas deposits in North Dakota, Pennsylvania and elsewhere has awakened many Americans to the fact that our energy resources are truly vast–greater, in fact, than any other country’s.
You mean that facts, easily recognizable publicly available facts–like oil and gas discoveries in some of these 57 states–would change people’s minds?
So, how much do we have? How about 30 years’ worth of oil for putting fuel in American’s cars? Or maybe 575 years’ worth of natural gas? How about 500 years’ worth of coal?
If numbers like this don’t get your interest, you’ve already gone way too deep in the eggnog.
Read it all.