Remember our "Convo" about this....Slick?

[Pudfark]

Where ya said we didn't have enough oil....so, we had to spend big bucks on "renewable" energy?
Do ya recall...when I cited our known reserves...and ya called BS on that?
Well here ya go....read below:

Calls mount to end ban on oil exports as US production booms

http://www.foxnews.com/politics/2014/02 ... latestnews

Go ahead...call BS on this...

[callmeslick]

production does not equal reserves. To quote Res, 'God, you're stupid'

[Pudfark]

Seem you need to revisit the "reserves" thingy...it's changed a bunch.

Here's a thought fer you and R_D....Keystone will be built primarily for transporting U.S. oil in the future, with "Canookian" oil as a back up.... Yes, we will buy some contractually from them....but not as much as they think/hope.

Quite likely gas is gonna get cheaper.

[callmeslick]

sorry, but nothing of significance has changed the available reserves. In fact, if fracking proves to be the geological nightmare it is starting to look like, the available reserve number will plummet. Hint-buy Exxon-Mobil stock.

[Pudfark]

Well if'n ya don't read, ya don't know.
You go ahead and buy....just keep yer head in the sand for the duration...