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Palin and Chavez are in cahoots. She's recently been down there for a "drill baby drill" conference with the "big johnson"
There was drilling going on, but I'm not sure if it was for oil.
Personally, I can't wait when Venezuela and the entire OPEC is going to stop selling oil to us. That way we won't have a choice but to start investing in alternative fuels and we'll finally break free from the grip of all those nasty regimes like Saudi Arabia, with whom we are forced to be "friends".
In 2007 didn't Venezuela send oil subsidized at a 40 percent discount from the normal delivery price to 16 states – double that of the year before. Venezuela also sent oil to 163 native American tribes. The total represented 100 million gallons of fuel for the winter. A brochure described it as - "This is a people-to-people program that comes from the heart of Venezuela to the homes of American families who just can't pay their energy bills."
How much subsidized cheap fuel will Venezuela send this winter, and to how many States? Who will send it at that price if they don't? Which of these States will reject Citgo, through Citizen's Energy, supply of heating oil to American citizens in - the District of Columbia, Alaska, Connecticut, Delaware, Indiana, Maine, Maryland, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia and Wisconsin.
In 2007 didn't Venezuela send oil subsidized at a 40 percent discount from the normal delivery price to 16 states – double that of the year before. Venezuela also sent oil to 163 native American tribes. The total represented 100 million gallons of fuel for the winter. A brochure described it as - "This is a people-to-people program that comes from the heart of Venezuela to the homes of American families who just can't pay their energy bills."
How much subsidized cheap fuel will Venezuela send this winter, and to how many States? Who will send it at that price if they don't? Which of these States will reject Citgo, through Citizen's Energy, supply of heating oil to American citizens in - the District of Columbia, Alaska, Connecticut, Delaware, Indiana, Maine, Maryland, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia and Wisconsin.
That's undisputed but you do need to see the reciprocal bigger picture USA has with central and south America. Chavez knows we're not going to be taking over Columbia or Venezuela when clearly overextended in middle east. This is posturing for ratings at home, nothing more nothing less. Being viewed as weak in any way in latino cultures is like throwing blood in shark infested water. It gets ugly fast. Their relationship to power is very different than our own.
Personally, I can't wait when Venezuela and the entire OPEC is going to stop selling oil to us. That way we won't have a choice but to start investing in alternative fuels and we'll finally break free from the grip of all those nasty regimes like Saudi Arabia, with whom we are forced to be "friends".
Or we could simply make Venezuela our 51st state. Then he won't have to worry about selling his oil to us since it will already be ours.
Just how much oil do we get from Venezuela?
If he cut us off, would we really notice it?
The article mentions Venezuela is 5th place on our list of oil sources.
Venezuel's oil is heavy crude, which is poor quality and takes a lot more processing to refine into gasoline. Nothing like the good light sweet crude from Texas, Nigeria, Algeria, Angola, and the Congo.
Geroge Soros loves them even more ! Seems Obama has supplied some of our tax money to help fund the Brazil oil wells . I still wonder what realy happened in the gulf ! Stopped the drilling here and employed it there .
That would be the best gift the US could hope for because it would make alternative fuels more competitive.
Those alternative sources would not be what you are thinking if you consider cost, you can make diesel and jet fuel from coal and the only reason it's not exploited for that is because of the volatile oil market. As the cost of oil stabilizes above $40 or $50 a barrel these technologies become feasible. Utilizing coal for diesel would cut our current supply from about 2 centuries to 1 century so supply is not a problem.
While oil shale is found in many places worldwide, by far the largest deposits in the world are found in the United States in the Green River Formation, which covers portions of Colorado, Utah, and Wyoming. Estimates of the oil resource in place within the Green River Formation range from 1.2 to 1.8 trillion barrels. Not all resources in place are recoverable; however, even a moderate estimate of 800 billion barrels of recoverable oil from oil shale in the Green River Formation is three times greater than the proven oil reserves of Saudi Arabia. Present U.S. demand for petroleum products is about 20 million barrels per day. If oil shale could be used to meet a quarter of that demand, the estimated 800 billion barrels of recoverable oil from the Green River Formation would last for more than 400 years.
The US as far as energy supplies go in reality is in the best position of any nation worldwide.
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interesting...
