[Arthur75]

A new report from the US congressional research service claims huge hydrocarbon reserves in the US:
http://www.energytribune.com/articles.c ... -Resources
Not interested that much in the data there (doesn't expect anything new)
But more on the political spin around it : how come something appearing like a public research agency or something can publish something saying "drill baby drill" is indeed the way to go ?
Anybody could explain the politics around this thing ?

[Keith_McClary]

A new report from the US congressional research service claims huge hydrocarbon reserves in the US:
http://www.energytribune.com/articles.c ... -Resources
Not interested that much in the data there (doesn't expect anything new)
But more on the political spin around it : how come something appearing like a public research agency or something can publish something saying "drill baby drill" is indeed the way to go ?
Anybody could explain the politics around this thing ?

Sort of amusing, actually. Compare the article's pie-in-the-sky chart

to the resource pyramid diagrams in Figures 1 and 2 of the
Gubmint Report (PDF) illustrating the same data.

The key phrase is "Undiscovered technically recoverable oil" which the writer has shortened.

[Arthur75]

Strange, apparently the report isn't available anymore, links fail on my side.

[Loki]

The key phrase is "Undiscovered technically recoverable oil" which the writer has shortened.

Is that something like magic pixie dust?

[Arthur75]

Is the report still accessible or is it just me ? (firefox on mac)
I only have access to some kind of index.cfm file ..

[lper100km]

FWIW it's still there

[Arthur75]

FWIW it's still there

Thks, yes tried on Safari and it works, something fukced up in my firefox ....

[Keith_McClary]

Is the report still accessible or is it just me ? (firefox on mac)
I only have access to some kind of index.cfm file ..

I don't know why congressional docs would have a cfm file extension. I thought cfm was measure of hot air flow.

I renamed it Fossil_Fuel.pdf

[Pops]

I saw this a while ago and wondered why it hadn't been mentioned by our local fluffers.

Technically Recoverable oil is a good term, in fact it is the best term I've seen to describe that stuff sorta like oil that is out there for the taking, all we gotta do is drill - and find someone able to pay for it.

The demand side of supply and demand isn't just desire for a product, that's only a part, the more important part is the ability to pay. So it doesn't really wouldn't matter if the entire mantle of the earth were made of oil if it cost more to extract and market than the average guy could pay.

[Plantagenet]

DId the CRS report include Geothermal energy?... After all, Geothermal energy under the US is limitless.

All we've got to do is drill miles into the crust to tap it. Why don't we do it??---BECAUSE ITS TOO EXPENSIVE.