SassyIrishLass
Diamond Member
- Mar 31, 2009
- 95,367
- 72,220
- 3,605
Bad idea because the US only has 1.3% of the world's oil reserves, so we will soon run out and have to start paying really high prices then.
We should save what little oil we have for later, when prices really start to skyrocket.
![money.cnn.com](https://i2.cdn.turner.com/money/dam/assets/160203161251-american-oil-780x439.jpg)
U.S. has more untapped oil than Saudi Arabia or Russia
America is sitting on a world-leading 264 billion barrels of oil reserves, according to a new estimate by Rystad Energy. It's a sign of the dramatically reshaped global oil landscape thanks to the shale revolution.
money.cnn.com