I’m sure many of you have heard various numbers thrown around everyday that quote scientists saying there may “less than 50 years of oil left,” or “we’ll run out of oil in our life time.” A new report released by the USGS says that oil reserves may not be as low as we originally thought. “The United States Geological survey conducted in 2000 predicts that only 30 per cent of global oil supplies have been used. The report also says that there are 2,029 billion barrels of oil in reserves around the globe and that is not including undiscovered oil in frontier areas.” That said, shouldn’t we still plan to switch to a new energy source before it’s too late?
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1 comment
Sunday, April 17, 2005 at 1:08 pm
Derrick Tudor
If we have that much oil reserve, then why doesn’t our infamous president do something about the price of gas, instead of spending all his time (and OUR money) on a war that nobody wants? He should know by now that if he continues on this present course, we will not have much of an economy to repair. If we even have an economy before he gets out of office. I’m amazed that he hasn’t been impeached before now for lying to the general public about his overseas politics, or anything else for that matter. Does anyone even care what he is doing to this once great nation?