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Old 07-06-2016, 11:40 PM   #53
mdm
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Quote:
Originally Posted by Impureclient View Post
"According to the Institute for Energy Research's calculations, the U.S. alone actually sits on 1.442 trillion barrels of recoverable deposits.
That's over 60 times the amount we usually hear about.
This larger number would be enough to meet all U.S. oil needs for about the next 200 years.

My trust in IER is extremely limited, but even if their calculations were correct, the driving force behind switching to electric will (hopefully) be concern about pumping CO2 into the atmosphere and resulting climate change, not limited oil supply.
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