BrainKing - Discussion boards (Politics)

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Politics

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18. January 2011, 16:07:33

Bwild

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Subject: Re: Here's a thought -

Übergeek 바둑이:
1....." the US does not use its own oil because it does not have enough."
     yes and no. the majority of US consumption is imported,but not all. in the 80's my younger brothers drilled oil wells in Texas and Oklahoma (roughnecks). they'd strike oil...figure out how many barrels a day it would produce...then cap it. 1 in 10 wells were left to pump, and that pumped oil was sent to US refineries.

2....."Here in Alberta, Canada, we produce enough oil to supply about 15% of
American demand. We are the biggest supplier of oil to the US now."
    and when saudi finally taps out..canada finally caps out...brazil..etc. ...the US will still have a capped reserve.

3....." Oil is the biggest business in the world and suppliers (companies,
OPEC, etc.) are constantly trying to manipulate prices to maximize their
profits. Governments are corrupt and they sell their integrity to oil
companies. "

   oil runs this earth.