Massive Oil Deposit Could Increase US reserves by 10x

[MothBalls]

Originally Posted by JSLTIGER

200-500 billion bbls could put the US at the front of the oil exporting nations (assuming we don't use it all ourselves first).

The US would probably give half of it away.

The US gives away billions every year in foreign aid to countries that never pay it back, or use the money to fertilize poppy fields to grow heroin that gets sold in America. Wouldn't be so bad if that aid was in food or medical supplies, but the give away weapons and cash.

At the same time we have thousands of homeless veterans, our education system is bottom of the barrel, seniors can't afford to turn on their heaters, the list goes on. I wish they would stop those floodgates and pay attention to the homeland. After they fix things here, then consider helping others.

If the oilfield is there and viable, the fatcats will still find an excuse to keep oil at $100 per barrel and the money flowing to the oil companies.