1,000 feet beneath 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, and test drilling has already begun.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
Ok, good news. But this stuff is all under government owned land. When will Bush and crowd start this oil flowing? And how much will this all-American oil cost us? How rich will the Bush family become?
I have always believed that the feds had a policy to pump the Middle East bone dry and then use our own oil supplies, while at the same time dropping the Middle East like the hot potato it really is.
Now I'm thinking that Bush and the republicians will let this American oil flow just before the next presidental election, and at much lower prices than the world standard.
So cheer up America! Cheaper gas is just a presidental election away!
Oh, and by the way... that does NOT include the billions and billions of barrels we have locked away in our western deposits of shale oil.