No, it is not true
2006-11-06 02:43:16
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answer #1
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answered by Anonymous
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Nope. And what's important is that it's getting harder to find new reserves. That means we ARE running out, although it'll be awhile before it's gone. That second half will also be harder to get to. This is why it is so important to replace oil within the next few decades. And it's NOT impossible. Search the Internet for alternatives. They ARE out there, whether they're electric, hydrogen, air pressure, zero point power, or other exotic means. Don't wait for the technology to show up at Wal Mart. That will never happen. Get the information, and build something yourself, or find someone locally who has. It's the only way mankind can free themselves from the yoke we all wear.
2006-11-05 16:19:05
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answer #2
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answered by Anonymous
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Greatest Oil Reserves by Country, 2006
Rank Country Proved reserves
(billion barrels)
1. Saudi Arabia 264.3
2. Canada 178.8
3. Iran 132.5
4. Iraq 115.0
5. Kuwait 101.5
6. United Arab Emirates 97.8
7. Venezuela 79.7
8. Russia 60.0
9. Libya 39.1
10. Nigeria 35.9
11. United States 21.4
12. China 18.3
13. Qatar 15.2
14. Mexico 12.9
15. Algeria 11.4
16. Brazil 11.2
17. Kazakhstan 9.0
18. Norway 7.7
19. Azerbaijan 7.0
20. India 5.8
Top 20 countries 90.2
Rest of world 68.1
World total 1,292.5
2006-11-05 16:09:58
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answer #3
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answered by maxfr8 5
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The estimates of the oil there put the value of the entire oilfield at 10% of the US' annual consumption.
Mind you it isn't the annual production of the field I'm talking about I mean if you could get it all out of the ground and refined at once it would only cover one tenth of the annual usage.
Trying to open up the ANWAR reserve to drilling isn't about fostering American energy independence, it's a republican gift to their friends in the oil industry. You and I won't be helped in the least by it.
2006-11-06 03:14:22
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answer #4
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answered by corvis_9 5
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While there is an abundance there, the democrats don't want us to drill there because of the habitat, you know ,the animals..
So we just keep paying the huge prices that the arabs want.........Seriously ask a democrat his opinion on oil in Alaska..That will be your answer...go figure....They just don't care because a republican had the idea first...........
2006-11-05 16:37:39
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answer #5
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answered by mom of a boy and girl 5
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No.. that is not true.. It does hold a lot but the Liberals in the U.>S. Goverment will not allow us to mine it
2006-11-05 17:07:05
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answer #6
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answered by Anonymous
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i would doubt it because otherwise we would be drilling there instead of the middle east.
2006-11-05 16:07:47
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answer #7
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answered by soccerdude92587 2
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