Does Obama realize the difference between oil reserves and oil consumption?
Tuesday, March 17th, 2009
Politico asked:
Obama seems to believe that because the United States only has 3% of the worlds oil reserves we can not drill our way out of it, because we use 25% of the worlds supply. We have enough oil to last 50 plus years. I believe we could do a lot over the next 50 years in finding and implementing additional energy sources.
Herbert
Obama seems to believe that because the United States only has 3% of the worlds oil reserves we can not drill our way out of it, because we use 25% of the worlds supply. We have enough oil to last 50 plus years. I believe we could do a lot over the next 50 years in finding and implementing additional energy sources.
Herbert
