GAO: Recoverable Oil in Colorado, Utah, Wyoming ‘About Equal to Entire World’s Proven Oil Reserves
Pay attention America; WE HAVE BEEN SCREWED, and I can’t think of any nicer way to say it. We’ve been screwed by Liberal politicians, tree huggers, Greenies, anti-oil people and by those that control drilling and exploration. I have long advocated; the USA is NOT out of oil, we never have been, and quite likely, never will be.
(CNSNews.com) – The Green River Formation, a largely vacant area of mostly federal land that covers the territory where Colorado, Utah and Wyoming come together, contains about as much recoverable oil as all the rest the world’s proven reserves combined, an auditor from the Government Accountability Office told Congress on Thursday.
The GAO testimony stressed that the federal government was in “a unique position to influence the development of oil shale” because the Green River deposits were mostly beneath federal land.
It also noted that developing the oil would pose “socioeconomic challenges,” which included bringing “a sizable influx of workers who along with their families put additional stress on local infrastructure” and “making planning for growth difficult for local governments.”
“The Green River Formation–an assemblage of over 1,000 feet of sedimentary rocks that lie beneath parts of Colorado, Utah, and Wyoming–contains the world’s largest deposits of oil shale,”Anu K. Mittal, the GAO’s director of natural resources and environment said in written testimony submitted to the House Science Subcommittee on Energy and Environment.
“USGS estimates that the Green River Formation contains about 3 trillion barrels of oil, and about half of this may be recoverable, depending on available technology and economic conditions,” Mittal testified.
I have been posting those figures in blog stories for several years now, several links are listed at the end of this post, and I have to say, one of the few things Sarah Palin said that I totally agreed with was *drill baby drill*.
Once you figure in the Canadian oil sands, well, it’s unbelievable how much oil North America has. I believe that .50 a gallon would be about right too, on the price at the pump, that would surely piss off the *little sheet heads* at OPEC that Obama is so fond of.
But you know, it’s not just the Obama regime either, this has been going on for far too long, from MANY Presidents. Our nation could be totally energy independent in a very short time, and as I said, figure in Canadian oil sands, and then figure in ANWR, and the Gulf of Mexico, the oil off of the California coast and the east coast of the USA. Do you see it too?
We don’t NEED the world, we have ALL we need and then some, but the eco-nuts have the government by the throat, a sad statement of affairs. And the American taxpayer takes a screwing for it, WE get blamed for the GloBULL warming that is rapidly being proven as false.
And the hits just keep on coming! Here are a few more links that attest to the FACT that the USA is oil INDEPENDENT.
Ever heard of the Bakken Oil Formation?
New report says U.S. has largest fossil fuel reserves in world
Obama to call for cut of oil imports by a third
OPEC leaves output on hold, causing oil price jump
Russian oil teams up with Exxon Mobil
Obama rejects new oil pipeline, blames Congress
U.S. oil gusher blows out projections
TransCanada Renewing Request to Build Keystone Pipeline