San Diego Surfrider News

Who Has the Oil?

Written by SFSDAdministrator | Mar 15, 2011 5:20:00 PM

This graphic (click on it to expand) is from an article The GOP’s Oil Drilling Pipe Dream appearing in Frum Forum. The article states: "The notion that the U.S., which sits atop less than 3 percent of the world’s proven oil reserves, can drill enough oil to drive down prices if the flow is interrupted from a region with 64 percent of the world’s reserves is a pipedream."