Can the U.S. rely on its own oil reserves instead of a foreign country's? Gas prices...?

I've heard we have enough oil on (well, under) our soil to cover the current rate of oil consumption for 110 years. However, this oil is in the form of ';oil shale';, which is not itself oil, but can be refined into oil.





Would it, in the long run, be cheaper to produce this oil than to import it from other countries? Gas prices would significantly decline. How great would that be?





Eager to hear your input, thanks.Can the U.S. rely on its own oil reserves instead of a foreign country's? Gas prices...?
Yes, we do have it but politicians will NOT hear about it. We have even better technologies than oil already but majority of car maker's won't even touch it....(Bio-diesel $2 a gallon). Oil has brought us more than wars, death n disease than any1anticipate it from the beginning. While Arabs r rotten in lots n lots of $$$ the rest of the world suffers recessions n economical status. In some parts of America the gallon of gas/petro is almost @ $4 bucks n the national minimum wage is $7 bucks..Where's the logic on that? The richer will get more richer (Oils companies n their politicians) n the poor will just simple die.


We r supposed 2 b the world's Super Power but indeed a good half of the American population don't have any source of health insurance..whatta joke, man.Can the U.S. rely on its own oil reserves instead of a foreign country's? Gas prices...?
The problem with US oil isn't in the oil, but the lack of refineries..


The EPA won't allow new to be built or current ones expanded due to air quality....

revlon

Why do some people believe the allies are not plundering Iraqi oil reserves?

http://news.moneycentral.msn.com/provide鈥?/a>


http://www.globalpolicy.org/security/oil鈥?/a>





2.5 million barrels a day and rising. Why do some people believe we are not taking the oil? Where do they get their information?Why do some people believe the allies are not plundering Iraqi oil reserves?
I don't remember the name of the tanker but I recall in late 2003, an oil tanker completely full of oil getting caught in the middle of the night trying to get out of the Med. Sea.





Irregardless though, I have watched Congressional debates where they were discussing paying for the Iraqi war with Iraqi oil. So, it is naive to think that we or our allies are not draining their oil as we speak.Why do some people believe the allies are not plundering Iraqi oil reserves?
One word - propaganda. It's not about oil it's about freedom!! Don't think just listen to what Bush tells you.
damn go somewhere else and cry and who gives a sh*t what we take! those basta*ds took the twin towers. Are you a terrorist lover!!!
I read both those articles and didn't see anything about the US plundering oil...actually the first one said that it was purely Iraqi run
Yes, it says that Iraq is producing that much oil, but it does NOT say that it's being shipped to the US. You're only assuming that. Iraq has always produced alot of oil, which brings money into their economy. However, when Saddam ruled, he kept all the money for himself while his country starved. Remember the LARGE stashes of actual cash he was found with?? He also had several palaces. By Iraq producing oil again, it just means that they're that much closer to being able to sustain themselves and maintain a healthy economy. Don't be reading things into it. Don't just assume that the US is taking the oil. NOthing says that the US has acquired that oil. The closest thing said is that ';they expect lucrative deals'; and it's hard telling with the reliability of the source.

What is the reason that the oil reserves the US has is only for the military?

maybe to take control of other oil? Just a thoughtWhat is the reason that the oil reserves the US has is only for the military?
It isn't. It is for whatever the president wants it to be for.What is the reason that the oil reserves the US has is only for the military?
That's called being prepared in case we go to war with the Saudis, Iran, Venezuela, or some other oil-rich country we depend on.
Do you think that our military might runs with water in their tank. We don't take nothing from no country that doesn't want to sell it to us,, what we do is what every other country does,, buy what they sell. and do you think that's illegal?? Do you know what will happened if we the USA stop buying from the world,, they will go into chaos.. We are the mightiest economical power in the world with out us the world will not survive. You better start reading about your country before you come with this wild ideas of yours.!!
There is no reason because the oil reserves ARE NOT for the US Military, but it is there in case of a oil embargo from the Middle East or


else where and a emergency of any other


tragedy!!!!
It's called The Strategic Petroleum Reserves, and it is called that for a reason. But, portions of it have been released for public consumption. Some of it was released within the past few years, after hurricane Katrine comes to mind. That is when a major portion of American production was damaged.


So, no, it is not ONLY for the Military. It is for the country.
It is because a military needs fuel and if they do not have fuel in reserve the chances of defeat are great. You can have all the best aircraft, ships, vehicles but if you don't have fuel they are worthless.


If all of a sudden America was without foreign oil and people couldn't drive there cars. This oil reserve would still stay intact, and rightly so.


Yes some of the oil is distributed to the public when there is an emergency
How would the military be able to defend us without any oil?

Shouldn't our oil reserves remain in reserve in case of an emergency? Such as if we had a war here or if ?

the middle east decided to cut us off?Shouldn't our oil reserves remain in reserve in case of an emergency? Such as if we had a war here or if ?
Yes and that is why Nancy Pelosi needs to be removed from office, instead of using her office to promote her own book tours.Shouldn't our oil reserves remain in reserve in case of an emergency? Such as if we had a war here or if ?
it would be nice if we came up with a way so we could tell the middle east to all go to hell they all hate us with a passion and W only made it that much more hatred bigger. Mccain has no stated plan to change any of this but Obama does plan to invest in alternative oil
Thats what its for. Why?

Why has Obama FLIPPED on using strategic oil reserves?

Wasn't Obama adamantly against this about a month ago???Why has Obama FLIPPED on using strategic oil reserves?
He is just continuing his ';strategy'; in trying to find every available sucker in the U.S. to vote for him.Why has Obama FLIPPED on using strategic oil reserves?
It was just on TV that SEN McCain did exactly the same thing. It's what we want to hear and their advisors figured out (all by themselves) that their man should say it.





They don't call politics the art of the possible for nothing....IE it is what will happen.
The guy is cluelss. He never understands what he's saying, so he changes it at a drop of a hat. And the Democrats need to get their grubby little hands off our strategic oil reserves.
He has no real constructive agenda
No, he has not flipped here.
/ because he CHANGED his mind (again)
he just wants another vote-
anything for vote


yes he was
probably for the same reason McCain FLIPPED on Jesus...to get more votes...it's called politics, try and keep up with the rest of us

When large amounts of hidden oil reserves are found, it it true that it is called ';Peak-A-Boo Oil';?

I have to say I have never heard that term

How much oil is in the US oil reserves?

Here are some links that will tell you that there is a lot of oil in reserves and trust e there is probably even more. We will never really know because out government only tells us what they want us to know or believe and not the actual truth.How much oil is in the US oil reserves?
Oh I wish I were an oscar meyer weiner......How much oil is in the US oil reserves?
Not nearly enough
US oil reserves should never be used unless we're in a real war and the supply is cut off.





If our largest suppliers in the Middle East and Venuezuela suddenly stopped shipments, the US is in trouble.





So.. the reserves should only be used in a real emergency, and not just to reduce the gas prices by 15 cents.
Monday, May 1st, 2006











Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world - more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. Three companies have been chosen to lead the way. Test drilling has already begun





Dear Reader,





Five months ago, the U.S. Energy Department announced the results of a land survey





It was conducted to determine the official amount of oil a thousand feet deep in the Rocky Mountains





They reported this stunning news:





We have more oil inside our borders, than all the other proven reserves on earth.





Here are the official estimates:





* 8-times as much oil as Saudi Arabia


* 18-times as much oil as Iraq


* 21-times as much oil as Kuwait


* 22-times as much oil as Iran


* 500-times as much oil as Yemen





And it’s all right here in the Western United States.





James Bartis, lead researcher with the study says, “We’ve got more oil in this very compact area than the entire Middle East.”





More than 2 TRILLION barrels. Untapped.http://www.rinf.com/columnists/news/the-…
Not enough, or we wouldn't call is a ';reserve.'; If we had a referendum I would vote not to touch it unless there were an absolute, dire necessity -- not just to lower prices. We can always cut down on our driving, but we need heat in January up here in the NE.
i don'k know this but enough for war
If I remeber correctly they had this on CNN. The united states has about 10yrs worth of oil.
it should be 200,000 barrels i think but it may not be full
about 2 quarts
About 2 and a half gallons. And there is a few drops in my old truck.
not nearly enough to last us more than a year - we rely too much on the unstable mining conditions in the middle east to ever compete with them as far as oil reserves are concerned. americans really need to use less oil in case something happens where the government really needs to use our oil. i think each american should be personally limited to their own oil consumption.
don't believe cnn. we may have 10 yrs supply in our strategic oil reserve, however, there is no definate answer to that question, because geologists still discover new oil wells.


we are not going to run out, stop letting the terrorists in the media win.

revlon