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re: Oil and gas folks please explain the whole oil /gas scarcity thing to me

Posted on 4/10/24 at 7:02 am to
Posted by bayoumuscle21
St. George
Member since Jan 2012
4643 posts
Posted on 4/10/24 at 7:02 am to
quote:

Not sure what you're trying to say here. But the US reserves are practically full. It was just a couple of years ago that we were out of storage capacity and storing it in massive tankers off the coast. And we still import it - which saves our supply.



Edited-Autocorrect

The permian basin has more oil than all of the middle east. Don't believe the climate change BS. We're not running out of oil for a very long time.

Dems are ridiculous with fracking/drilling so it dampens the immediate supply. Point is we have an abundance of oil in our own soil.
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