archive <christopher AT heiser DOT net>
September 21st, 2017 Total archive posts: 984
home
archive
rss feed
heiserlink

nürburgring
for dummies
about me
public key

Interesting Statistic

A CBS Evening News story last night discussed the recent boom in domestic oil production that's been brought on by rising prices. What I found interesting was that, according to the article, that two thirds of oil produced in the US comes from independent producers, and that many abandoned oil fields are still 60% full:

This brings up an interesting scenario for the US:

  1. High oil prices persist for the next 5-10 years
  2. Domestic production increases significantly
  3. A mixture of solar production and plug-in hybrids reduce oil consumption significantly
  4. The US arrives at 100% domestic oil sustainability--i.e., no imports

Don't know if it's really possible, but it sounds great to me.

by Christopher Heiser on March 25 07:21
© Copyright 1992-2017, Christopher Heiser. All rights reserved. Powered by Chlogger!