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LOL. The US has hundreds of times more oil than the reserve can hold, just in other holes in the ground, or in shale. The idea that pumping it from one hole to
by valuearb 7y ago
LOL. The US has hundreds of times more oil than the reserve can hold, just in other holes in the ground, or in shale.
The idea that pumping it from one hole to another is disaster insurance is ludicrous.
- creato 7y agoJust like shipping a few million N95 masks from one place in the world to another as disaster insurance is ludicrous?
- maxander 7y agoFor some reason, though, the oil industry is one of the most technologically advanced sectors that exist, and employs some dominating fraction of all PhDs in geology and related fields. Even though they’re just “pumping oil from holes in the ground.” I guess they just really like their toys. :) Most easily accessible oil resources are long gone. What we could get to if we were reduced to 1800s technology is extremely limited.