Oil in Nebraske (?) more than all of Saudi??
Apr 15, 2008, 4:12 am
#1
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Oil in Nebraske (?) more than all of Saudi??
I have NO idea where this thread belongs, but I was shocked this morn when watchin FOX news that there was oil found under a lake in Nebraska (correct me on the state if I am wrong) which totals more than ALL, repeat ALL of the oil in Saudi Arabia!!
Question. What would happen if the US Government said, no thanks Saudi, we can provide our OWN oil now fully??????
I am sooo confused, interested, baffeled at what this could possibly do for our economy!
Anyone else been watching this???
Question. What would happen if the US Government said, no thanks Saudi, we can provide our OWN oil now fully??????
I am sooo confused, interested, baffeled at what this could possibly do for our economy!
Anyone else been watching this???
Apr 15, 2008, 7:20 am
#2
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I presume you are talking about the find in deep atlantic off the coast of brazil.
the oil is some 5-10 miles down. will probably not be recovered for 50 years.
i think brazil waited until late in the bush administration to announce, to avoid takeover by cheney, et all.
"your" economy(presuming you are speaking of usa, since you watch fox news) has been trashed by horrible monetary policy. probably will take the same 50 years to recover.
the oil is some 5-10 miles down. will probably not be recovered for 50 years.
i think brazil waited until late in the bush administration to announce, to avoid takeover by cheney, et all.
"your" economy(presuming you are speaking of usa, since you watch fox news) has been trashed by horrible monetary policy. probably will take the same 50 years to recover.
Apr 15, 2008, 7:36 am
#3
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I'd like to see a reference for this. Saudi Arabia has over 100 oil fields covering 1.5million square kilometers - an area area larger than the combined areas of Texas, California, Oklahoma and Utah, or of France, Spain and Germany. I'd be fascinated to see how there can be oil "under a lake" in Nebraska with that same volume of oil.
If the US could be fully energy independent, I suspect everyone would agree that this is a good thing.
But call be me skeptical. I would have thought such a story would be on Fox's front page, or at least return a single Google hit. April 1 was a few weeks ago.
If the US could be fully energy independent, I suspect everyone would agree that this is a good thing.
But call be me skeptical. I would have thought such a story would be on Fox's front page, or at least return a single Google hit. April 1 was a few weeks ago.
Apr 15, 2008, 7:46 am
#4
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I'm on the run now, don't have time to google figures, but I think it's somewhat of a misconception that Saudi Arabia provides most of the US's imported oil (or maybe it's US total oil consumption). Anyway, I think it's something like 20%? The Saudis are not single-handedly 'sticking it to the US'.
Apr 15, 2008, 7:51 am
#5
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Wow! Seeing as how I'm originally from Nebraska and still have family there, I'll be really interested to see how this plays out! 
Apr 15, 2008, 8:50 am
#6
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It belongs in our OMNI forum, where most everything not travel or loyalty program-related can be discussed. Since access to OMNI requires 180 days of FT membership and 180 posts, this TravelBuzz thread is now closed. Ocn Vw 1K, Moderator, TravelBuzz