PeriscopeDepth |
06-21-08 02:41 AM |
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Originally Posted by Sea Demon
We need oil, we have oil, and they stop us every step of the way while offering non-specific "alternative sources" only policies that will not help us today or in the foreseeable future.
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I am not convinved we have enough oil to make drilling anything more than a holding action, but an important one. The last big find (as far as I know), Jack#2 in the Gulf of Mexico, would keep the country going another 2 years (and that is assuming the high end 15 billion estimate, IIRC). Which would equate to a 50% increase in our reserves. Oil exploration is important, and we might find a lot more. But that's a pretty foolish bet to make when you look at discovery numbers in the past 50 years.
Believe me, I would love to believe drilling is the answer but the numbers just aren't there. I think a lot also depends on making oil shale and synthetic fuel a viable alternative; economically, technically, and politically.
I would say they are non-specific because there are no credible alternatives as of yet. Which we do need to invest more in, because things are looking pretty bleak right now to me. Betting everything on oil is not a good idea.
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I won't address your second paragraph because it would divulge into a whole other topic. Why we went to Iraq. It would require going back to the UN resolutions and all kinds of stuff beyond the scope of this topic.
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It would require discussing a lot more than Iraq. Iraq is far from our first coup de crude.
PD
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