Friday, September 02, 2005

Massive US Oil Reserves 

Glenn Reynolds passes on some good news: The US has more shale oil reserves than all of the oil in Saudi Arabia.  Now that oil is much more expensive than it has been in the past, it may be economical to extract this stuff.  So, we won’t be running out of oil.  Cheap oil, probably.  But oil in general, not for a long time.

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