if we carry on as we are... 2040 we wont have any oil
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If you want to believe that; be my guest.

There are THOUSANDS of oil wels that are already drilled and capped because it is not cost effective to pump the oil when oil gets as low as $20 a barrel.

The reason it is not cost efective pu pump the oil that is here is because the U.S. has a higher cost of living, and U.S. Workers are paid a lot more, and there are environmental restrictions that cost oil producing companies millions of dollars.

There is the Anwar reserve with BILLIONS of barrels or oil. It would replace all of the oil we buy from Saudi Arabia for the next 30 years.

Then there is enogh coal (by using a technology developed in the second World War to supply current oil requirements for the next 400+ years.

The probles is NOT an energy supply problem. It is the cost of U.S. workers, AND most importantly governmental regulations.

Two Bears