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By the way, Obama mentioned this in his recent speech on the spill. Quote: "After all, oil is a finite resource. We consume more than 20 percent of the world's
by wcoenen 16y ago
By the way, Obama mentioned this in his recent speech on the spill. Quote:
"After all, oil is a finite resource. We consume more than 20 percent of the world's oil, but have less than 2 percent of the world's oil reserves. And that's part of the reason oil companies are drilling a mile beneath the surface of the ocean: because we're running out of places to drill on land and in shallow water."
(see http://www.istockanalyst.com/article/viewnewspaged/articleid/4218032/pageid/1 http://www.istockanalyst.com/article/viewnewspaged/articleid... for full transcript.)