CIA Data Shows U.S. Oil Reserves Depleted in 4.8 Years
At current production, the U.S. will deplete it's oil reserves in 4.8 years. Iran and Iraq, with the 3rd and 4th largest reserves in the world respectively, each have enough to last 100 years at current production.
CIA Oil Proved Reserves:
https://www.cia.gov/library/publications/the-world-factbook/...
CIA Oil Production:
https://www.cia.gov/library/publications/the-world-factbook/...
CIA disinformation? Or the real reason for attacking Iraq and Iran?
Ron Paul:
"There are now fewer denials that securing oil supplies played a significant role in our decision to go into Iraq and stay there." - Ron Paul
The theory and significance of "peak oil" is believed to be an additional motivating factor for the United States and Great Britain wanting to maintain firm control over the oil supplies in the Middle East. The two nations have been protecting our oil interests in the Middle East for nearly 100 years. With diminishing supplies and expanding demands, the incentive to maintain a military presence in the Middle East is quite strong.
- Ron Paul
Ron Paul statement - IRAN: THE NEXT NEOCON TARGET
http://paul.house.gov/index.php?option=com_content&task=view...
Ron Paul Speech
http://www.c-spanarchives.org/program/ID/156039&start=43615&...
who would believe anything
who would believe anything the CIA says?
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Ron Paul
See his speech and statement in the very topic you replied to. He also frequently talks about a little thing called Blowback, which is related.
Ron Paul's Convention Speech
Most
of the US oil is untapped.
It's being saved for "later".
"Production of US oil" is not high because it's not being produced.
That doesn't mean there's none there.
There's more oil in North America than there is in the Middle East. It's just not being drilled.
Are we causing our own inflation, unemployment by not drilling?
What is the purpose? As posted below, this is what the CIA claims:
"Soaring oil prices between 2005 and the first half of 2008 threatened inflation and unemployment, as higher gasoline prices ate into consumers' budgets. "
Ron Paul's Convention Speech
you can find this on your own
you can find this on your own (as I'm sure you'll have to to belive it) but here's the basic outline of the long term actions & future plan:
THE US has/will:
Set up OPEC and support it by not exploiting our own reserves as long as OPEC sells oil only in dollars (Empire tax)
abuse oil backed FRN's untill global community starts to resent it
Destabalize Middle east & cause oil production to rapidly and perminately decline at the same time the FRN dies
Replace currency with new currency and leverage oil fields in US at ultra high demand (lots of $$)
“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” Plato
Why not use up Middle East Oil first?
Isn't that why trillions were spent over there? To secure that oil?
Ron Paul's Convention Speech
Marion King Hubbert
was the first person to talk about peak oil in the 1950s. Hubbert proposed that fossil fuel production in a given region over time would follow a roughly bell-shaped curve without giving a precise formula; he later used the Hubbert curve, the derivative of the logistic curve,[5] for estimating future production using past observed discoveries.
Hubbert assumed that after fossil fuel reserves (oil reserves, coal reserves, and natural gas reserves) are discovered, production at first increases approximately exponentially, as more extraction commences and more efficient facilities are installed. At some point, a peak output is reached, and production begins declining until it approximates an exponential decline.
He was a geoscientist who worked at the Shell research lab in Houston, Texas.
http://en.wikipedia.org/wiki/Hubbert_peak_theory
“I have joined your revolution and I’m proud to be part of what you want to do.” - Ron Paul
This chart seems to be accurate, but only includes 48 states
http://upload.wikimedia.org/wikipedia/commons/5/58/Hubbert_U...
Ron Paul's Convention Speech
Update: Now CIA shows only 4.8 years of US oil reserves left
Also from Economy Overview:
Could this have anything to do with going entirely off the gold standard - the 'easy' counterfeit money goes to the rich?
Uh:
The budget is kind of humorous so simply put:
It appears we have a deficit in electricity too:
Not available?
Ron Paul's Convention Speech
Also, people of Iraq and Afghanistan are among poorest people:
Country Comparison :: GDP - per capita (PPP)
#160 Iraq $3,600 income per person per year.
#216 Afghanistan $ 1,000 income per person per year.
Ron Paul's Convention Speech
don't buy it.
the only recently piped & tapped (and land-locked) CASPIAN SEA, a potential 100-300 year world supply. how did we get a pipeline to.. there?
(check map-connect dots.)
oh yeah, and then theres that north slope in alaska..
and all the sippy-straws peppering the gulf (of mexico)..
all and all, every good reason to make green energy FAIL for the next few (hundreds of) years.
as if you should trust the
as if you should trust the CIA... LMFAO.
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
trust?
US production data is good, and available. The Peak Oil debate is over. Houston? Most people don't understand the scary numbers about cheap oil.
7 years worth of oil?
7 years worth of oil? HOGWASH.. This is just an excuse to try to take oil from others to keep prices high.
Don't fall for this. There is enough Oil in Canada and the US to run both countries for hundreds of years.
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
absolutely
The US and Canada have secret reserves of sweet crude to last hundreds of years. 40 years of dependence on imports was a fantasy created by, ummm, what now?
the real reason, for attacking iraq. was to keep the oil off the
market.
but before we can begin discussing "fossil" fuels. we need to define our terms.
http://www.helium.com/items/1956773-what-are-fossil-fuels
Knowledge is power, action is love.
Who ended up with Iraq's and Saddam's gold?
Was the search for bin Laden or WMD. Or was the real search for GOLD?
Free includes debt-free!
bunk
I do not agree with their published findings.
If this were true there would not of been so much outsourcing overseas in manufacturing.
btw, the car companies would of not gotten all those breaks and bailouts either.
donvino
Funny thing is...
that Dr. Paul's principles of the free market will solve this problem. It's called...
NUCLEAR POWER.
It produces massive amounts of energy from small, microscopic particles. It's relatively cheap to produce compared to other renewable sources. It will soon be cheaper than coal and oil as their production slows. As soon as oil and coal become more expensive than nuclear, the energy market will move toward nuclear power. This is the free market at work.
Breeder reactors can produce more fuel at will. The amount of waste produced is TINY compared to the damage to the environment by fossil fuels.
Question is...
Why are we so slow on this??
Update Free Market Decides Nuclear Power Safety is A
Big Blatant Lie.
One word, millions of walking dead...Fukishima.
The Oracle
It's dangerous, and is unprofitable w/o gov subsidy.
Railways and locomotive gave way to pavement and automobiles.
Mainframe computers gave way to personal computers.
I would rather generate my own power than to be dependent on mega-corporations supported by government subsidy running technology that is inherently dangerous and that leave a footprint that poisons the area with radioactivity for millions of years. We still haven't paid for the cleanup of our aging nuclear power plants. They're another unfunded liability.
My stock 2004 Buick LeSaber gets 32 MPG @70MPH and over 34MPG @ 55MPH.
By properly insulating my house I have reduced heating costs by one third.
IMO there are options I can select without waiting for others to do it for me.
Free includes debt-free!
It's not that dangerous...
when you look at how many people have died from nuclear fallout vs. the number of people who have died from polluting the environment with fossil fuels. 100's of people die each year in L.A. just from the smog.
The U.S. Navy has been operating nuclear reactors since the 1950's with virtually ZERO accidents. I ran nuclear reactors in the Navy back in the late 80's/early 90's, and their reactors are designed to be inherently safe. Without getting too technical, a pressurized water, water moderated reactor is inherently safe. If the coolant gets hot, less neutrons are moderated, less fission occurs and it cools back down again. The largest accident ever, Chernobyl, was NOT this type of reactor. It used graphite as the moderator... not the coolant water itself... so it didn't have this feature of inherent safety. Most of the hype over nuclear power being "dangerous" is just that... HYPE. Most of it probably put out there by the oil men.
And as far as what you're doing to reduce your own energy usage, that's great, but most people aren't doing that... so the problem still looms.
And I understand that it requires some government subsidies to be profitable now... but not as much as wind, solar and the like. And as I said before, as we use up the oil and coal, which we are doing, the price of fossil fuels will rise making nuclear a more profitable option. The free market at work.
The Navy's record is excellent, you're part of a good team.
I am against the government picking winners. No subsidies for grain alcohol, solar, wind, hydroelectric, natural gas, petroleum, tar sands, fuel cells, etc.
Government's role is umpire. An umpire that favors one team is a cheat. If government is favoring one idea or business it is not a fair competition. This is not for the general welfare.
Can a country be great if its government cheats?
I question whether we are mature enough as a civil society to trust ourselves handle this potent yet dangerous technology.
Can we assume that we know how to maintain a sane society and organizations needed to maintain our toys.
What happens if we fail that task?
As a chemical engineer I love the technology. Way to go Carnot!
Thanks wpsmithjr, its always helpful to have input for a man that has run these machines. I wonder what cost per kilowatt-hr is for shipboard reactors. I pay about 10 cents and Fermi plant under 100 miles away.
Free includes debt-free!
Wildly dangerous and unsafe
Until the issue of spent fuel is adequately addressed in this country nuclear power will be nothing more than another fraudulent scheme to transfer costs and risks to future generations.
No industry that requires a carte blanche unlimited government subsidy will ever be profitable in a free market.
Since the government(meaning us)assumes all the risk besides lost profit this tax created, subsidy sucking "industry" also has inadequate motivation to operate safely, further increasing the risk of catastrophic failure.
Further, subsidies guarantee that safer alternative designs such as thorium based reactors will not be developed in a timely fashion.
The alleged safety record of naval reactors is irrelevent
to the issue of civillian reactor safety.
The navy does not have to make a profit!!
(or even cook the books and pretend to)
The folks giving the orders and running the reactors on a nuclear submarine know that they and their buddies are all dead men when the radioactive particles hit the fan.
The tax feeding corporate executives giving the orders to a nuclear power plant know that a private jet to a tax haven with no extradition treaty is only a phone call away when trouble occurs.
:) I like your cynicism.
:)
I like your cynicism. Let's hope it turns contagious next year!
I had to go check.....
http://www.dvorak.org/blog/wp-content/uploads/2008/08/bullsh...
....yep, just as I thought.
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"Those who make peaceful revolution impossible will make
violent revolution inevitable."
John F. Kennedy
How about Ron Paul's comments?
Your meter seem to be broken.
Ron Paul's Convention Speech
No ... not broken.
B/S on CIA .... RP is right on, According to "the data". This is of course why we are engaged in B/S wars for oil. Why track it down, pump and refine it when you can fabricate data and just go take it, right?
The fact "the data" says one thing does not make it real though. The rest of Alaska? Bakken? http://raytheon.mediaroom.com/index.php?s=43&item=446&pagete... LOL.. the current GOM debacle... plenty of oil. Sure we are not actively producing, that's by design not geology. Supply and demand. He who has the money has the power, right. Peak Oil is garbage. Artificial scarcity and fear are powerful tools.
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"Those who make peaceful revolution impossible will make
violent revolution inevitable."
John F. Kennedy
Less than 7 Years left now.
The CIA updated oil production for 2009 since I posted this.
Ron Paul's Convention Speech