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  • From: Clansgian AT wmconnect.com
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Morning musing
  • Date: Fri, 21 Sep 2007 20:27:00 EDT



> Isn't it true that there are many oil reserves in the US that are
> untapped due to some form of governmental high-handedness? Typically
> that is the "help" I expect from government.
>

There is very little. As Don pointed out, the US's (lower 48) oil production
peaked in 1970. All the combined known reserves of oil, including the Gulf
and Alaska, if brought fully online at maximum production would only account
for a small percent of our present consumption. </HTML>




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