You may find it comforting that people like myself have learned about the untapped canadian shale oil from college. However, in the US, Canada seems to us very liberal, and not willing to exploit the potential of shale for environmental concerns.
--- John McEwen <moparrr@xxxxxxx> wrote:I find it kind of interesting to follow this
discussion - particularly in view of the fact that many of our
American neighbours really don't know much about the resources currently
available in North America. Another list I follow has a big
thread going on the cost of gasoline and price of a barrel of crude with
a great deal of wondering as to why its so expensive - with much
blaming of big business etc.
It may be of interest to know that a barrel of crude
was selling a month ago for more than $54 US.
Yes there is lots of oil in Russia and Asia but it's
disappearing. The Chinese have used up much of theirs or the
recovery problems are difficult etc. Oil shale is widespread but not
currently being developed as a source because it is easier and
cheaper to import oil.
There is another major reserve north of the US
border which is larger than all of the reserves of Saudi Arabia and
possibly as much as the rest of the Middle East combined. Yep, and it's not
in Alaska. Now let's see if you can figure out where.... We may
find out how really concerned you are about the stability of the US
energy system and the availability of the stuff needed to keep good old
AMCs from becoming land fill or breakwaters.
John
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