Gas Prices: Who's to Blame?

04-22-2010, 11:32 AM

Quote:

Originally Posted by Madman

Of course it has. Gotta saved the bugs and Elm trees.

Hey...I was just using your own USGS cite...3 to 4.3 billion barrels in the Bakken Formation...no where near the 500+ billion barrels that was reported by a speculator wanting to sell shares in an energy investment scam.

The most recent inventory:

Quote:

These 11 areas (including Bakken Formation) encompass 99 million acres of Federal lands and contain an estimated 21 billion barrels of oil...

http://www.blm.gov/epca/

21 billion barrels "technically recoverable" (at what cost) and a current consumption rate of 7 billion barrels/year.

And that is your best solution?

View Poll Results: Who is to blame for recent gas price increases?
Market speculators	14	40.00%
Oil companies	13	37.14%
Oil producing countries	8	22.86%
China	10	28.57%
US Automakers	9	25.71%
Lack of refining capacity	10	28.57%
US government/lawmakers	11	31.43%
The Federal Reserve	7	20.00%
Dark Markets	4	11.43%
TheMercenary	7	20.00%
US Consumers	12	34.29%
Other	13	37.14%
Multiple Choice Poll. Voters: 35. You may not vote on this poll

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