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George Williams (not verified)    February 17, 2012 - 9:37PM

In reply to by David Herron

"The other issue is that supplies of oil, coal and natural gas are all susceptible to a peak of production. This effect is popularly known as "peak oil". THe peak of U.S. oil production occurred in 1971 and its simply not possible to make any significant increase in U.S. oil production. Also the Canadian Tar Sands are owned by a foreign country, namely Canada, which would mean again gross national product being given to a foreign country to buy oil. Also the tar sands oil from the keystone XL project was not meant for sales within the U.S. but instead for export into the global oil market."

Until you stop tying the hands of the oil companies to determine just how much oil we have, your statement is ludicrous. It's easy to make such statements if you accept the premise that certain areas of the world are off limits to oil exploration. Recent discoveries and development of technologies have already made a mockery of environmentalist claims about our oil and gas supplies, so the credibility of your argument is much less than it once was.

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