Increase of State-Controlled Resources Threatens U.S. Consumers [View article]
Cut the BS. The US government has insulted, threatened, and harrassed Russia and Venezuela for years and so you call them "anti-american". Honest-up and tell the truth. We have caused countries to distrust us. Amvet
The 'Peak Oil' Myth: New Oil Is Plentiful [View article]
Peak oil is about oil production, not about estimated oil in stone.
Current production is around 85 million bbls per day. Low end of estimated yearly production decrease per field: 5%. This means that about 4 million bbls per day of new production is needed each year. That means 40 increases of 100,000 bbls per day each.
Increase of State-Controlled Resources Threatens U.S. Consumers [View article]
The 'Peak Oil' Myth: New Oil Is Plentiful [View article]
Current production is around 85 million bbls per day. Low end of estimated yearly production decrease per field: 5%. This means that about 4 million bbls per day of new production is needed each year. That means 40 increases of 100,000 bbls per day each.