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7 answers

the govt wanted to see if Yellowstone National Park has oil and the American Public was outraged

2006-08-09 11:29:19 · answer #1 · answered by Mopar Muscle Gal 7 · 0 0

The U.S. has used up most of its own gas reserves with full speed ahead and to hell with the consequences. The unfortunate thing is that they are going to use up the rest of the world's gas, even that in the countries they invade to get it. Then we'll be looking for trees for fire wood but global warming will already have killed them all.

2006-08-09 18:31:56 · answer #2 · answered by gshewman 3 · 0 0

We hit peak oil on all our major oil fields in the 1970s.

""Peak Oil" as a proper noun, also known as Hubbert's peak, refers to a singular event in history: the peak of the entire planet's oil production. After Peak Oil, according to the Hubbert Peak Theory, the rate of oil production on Earth will enter a terminal decline. The theory is named after American geophysicist Marion King Hubbert, who created a model of known oil reserves, and proposed, in a paper he presented to the American Petroleum Institute in 1956 [2], that production of oil from conventional sources would peak in the continental United States between 1965 and 1970, and worldwide within "about half a century" from publication."

2006-08-09 18:57:25 · answer #3 · answered by Anonymous · 0 0

The cost of extracting oil in the US is higher than extracting it from other "younger" fields in other countries. Now that oil prices have risen, it becomes possible again to look to the US for some profitable fields- which is why you hear so much about domestic drilling again.

2006-08-09 20:08:52 · answer #4 · answered by ideogenetic 7 · 0 0

We buy foreign oil because past and current Presidents, Democrat and Republican alike, were unwilling to make the tough decisions to let us drill more in our own country. Thus, buy it from the source that drills the oil.

2006-08-09 19:10:18 · answer #5 · answered by TheOldOkie 3 · 0 0

That's just where the oil is. You have to pump it out of the ground where its at.

2006-08-09 18:29:26 · answer #6 · answered by MEL T 7 · 0 0

Because we use much, much, much more than we have.

What, exactly, don't you understand about it?

2006-08-09 18:29:57 · answer #7 · answered by tehabwa 7 · 0 0

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