View Single Post
Rick Lee Rick Lee is online now
Registered
 
Rick Lee's Avatar
 
Join Date: Jul 2001
Location: Cave Creek, AZ USA
Posts: 44,726
Garage
Quote:
Originally Posted by cstreit View Post
Yes. We get less than half of our imported oil from "The East" but it would take a long time to develop our oil reserves here. If that went away and there were lines to Gas and a "peak oil" scare I could see prices getting doubled easily.

Remember this is my zombie apocolypse theory and as such is researched accordingly.
I have heard it said that we reached "peak oil" 40 yrs. ago in the US when we went from net exporter to net importer of oil. If that's true, we're still doing pretty well. Everyone knows there's plenty more oil in places the NIMBYs and environuts don't want to drill. We can get it if we really need it.
__________________
2022 BMW 530i
2021 MB GLA250
2020 BMW R1250GS
Old 01-09-2013, 07:49 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #19 (permalink)