Comments: Ellis Wyatt, Call Your Office!

"The amount of oil recoverable is estimated to be 3 trillion barrels -- three times more that the whole world has consumed in the past 100 years."

Drill, baby, drill.

Posted by Keith Arnold at November 14, 2012 2:56 PM
"The technology for assessing oil reserves is pretty good," Rusco said. "I don't say there isn't a wide margin of error, but you can have great confidence that there is a very, very large amount of oil trapped down there that could be recovered. It's just that, so far, it can't be recovered at a profit."

That's not a problem. In this country the "new energy economy" is based on using taxpayer dollars to "stimulate" not-yet profitable technologies so they can then grow large enough to support themselves. Paging Dr. Steven Chu.

Posted by johngalt at November 14, 2012 3:40 PM

"You have reached the voice mail of Ellis Wyatt. I'm sorry I can't take your call right now, but after the results of November 6, 2012 I will be vacationing in an undisclosed location until approximately the time your power goes off...for a couple of years. Feel free to leave a message. And if you think the Obama Administration will allow enough oil production to get you inexpensive gas, good luck."

Posted by Ellis Wyatt at November 14, 2012 4:10 PM
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