Actually, here's a more accurate count of oil reserves - I only copies part of this report as it is lengthy - if you want the full report all let me know -
<<< Here is a comparison of the total US oil resources (proven + estimated + undiscovered technically recoverable) with the (proven) reserves of the top "oil-rich" countries in billions of barrels: US 171 Saudi Arabia 170* <-- see note below Iran 32** Iraq 15** Untied Arab Emirates - 98** <-- see note below Venezuela 80** <-- see note below Russia 60 Libya 39 Nigeria 36 China 18 Qatar 15 Mexico 12 Algeria 11 Brazil 11*** <-- see note below Kazakhstan 9 Canada 9**** <-- see note below Norway 8 Azerbaijan 7 India 5 * Saudi Arabia has an "official" 262 billion bbls of reserves, but the secretive Saudi's won't revel how this is calculated. In 1990 they increased their reserves from 170 bbl bbls to 258 billion bbls, a 50% increase, without apparently doing any geological work, when OPEC decided that each country would be able to produce oil only in a ratio with its reserves. Even though they have been pumping about 10 billion bbls per year out of their fields, their reserves never go down, yet their major fields are suffering salt water intrusion, a sure sign they are depleting. Recent snooping by US geologists has indicated their reserves are much lower than the official estimate. The number shown in the table is their reserves before the suspicious increase and may be significantly higher than their actual reserves.>>> Larry T (66 MGB, 74 911, 91 300D) www.youroil.net for Oil Analysis and Weber Parts Test Results http://members.rennlist.com/oil PORSCHE POSTERS! youroil.net 800-583-8601 Weber Carb Info http://members.rennlist.com/webercarbs ----- Original Message ----- From: "Loren Faeth" <[EMAIL PROTECTED]> To: "Mercedes Discussion List" <mercedes@okiebenz.com> Sent: Thursday, July 31, 2008 11:25 PM Subject: [MBZ] OT: Oil companies, WAS:Obama Quote while in Springfield, Missouri yesterday > BZZZZZZZZZT WRONG! > > People generally hostile to civilization control a large supply of > oil. Arabs, nigerians, that Wonko CHavez, Mexico and Russia control > most oil supplies. American oil companies, (Who is left? Conoco > Phillips?) control a relatively small amount of oil. > > BP-Amoco: The BP is British Petroleum, Exxon Mobil? Maybe US, I am > not sure. They operate as a global company, not an American > company. Royal Dutch Shell: not American, Petrofina, Fina: are > French. CItgo: Hugo's little Commie arm. > > Demand is influenced to a large degree by India, China and the > USA. US consumption has been declining. India and china's demand is > growing rapidly. > > It is a world market. > > At 10:06 PM 7/31/2008, you wrote: >>It is Supply and Demand 101. They control the supply and demand more and >>more money of us. What could be more American than that? >> >>On Thu, Jul 31, 2008 at 10:05 PM, Tom Hargrave <[EMAIL PROTECTED]> >>wrote: >> >> > I agree 100%. Our oil companies making money is serving the best >> > interest >> > of >> > our country! >> > >> > Thanks, >> > Tom Hargrave >> > www.kegkits.com >> > 256-656-1924 >> > >> > >> > -----Original Message----- >> > From: [EMAIL PROTECTED] >> > [mailto:[EMAIL PROTECTED] >> > On Behalf Of Allan Streib >> > Sent: Thursday, July 31, 2008 9:54 PM >> > To: Mercedes Discussion List >> > Subject: Re: [MBZ] OT: Obama Quote while in Springfield, Missouri >> > yesterday >> > >> > "OK Don" <[EMAIL PROTECTED]> writes: >> > >> > > What is we just stopped EXPORTING our own oil? Crazystuff our there, >> > > but the oil companies are in business to make money, not to serve the >> > > best interests of the USA. >> > >> > The US is a net importer of petroleum. We both export and import >> > refined product where that makes economic sense. Petroleum is a >> > global business. >> > >> > What's wrong with oil companies making money? If they didn't make >> > money, they wouldn't be in business. Who would that help? >> > >> > -- >> > 1983 300D >> > >> > _______________________________________ >> > http://www.okiebenz.com >> > For new parts see official list sponsor: http://www.buymbparts.com/ >> > For used parts email [EMAIL PROTECTED] >> > >> > To Unsubscribe or change delivery options go to: >> > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> > >> > No virus found in this incoming message. >> > Checked by AVG. >> > Version: 7.5.526 / Virus Database: 270.5.6/1579 - Release Date: >> > 7/29/2008 >> > 6:43 AM >> > >> > >> > No virus found in this outgoing message. >> > Checked by AVG. >> > Version: 7.5.526 / Virus Database: 270.5.6/1579 - Release Date: >> > 7/29/2008 >> > 6:43 AM >> > >> > >> > >> > _______________________________________ >> > http://www.okiebenz.com >> > For new parts see official list sponsor: http://www.buymbparts.com/ >> > For used parts email [EMAIL PROTECTED] >> > >> > To Unsubscribe or change delivery options go to: >> > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> > >> >> >> >>-- >>LT Don >>http://don.homelinux.net/~don/ >> >>apt-get update >>apt-get upgrade >>The following packages will be replaced >>Prez >>Do you want to continue? [Y/n] Y >>_______________________________________ >>http://www.okiebenz.com >>For new parts see official list sponsor: http://www.buymbparts.com/ >>For used parts email [EMAIL PROTECTED] >> >>To Unsubscribe or change delivery options go to: >>http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > Loren Faeth > > > _______________________________________ > http://www.okiebenz.com > For new parts see official list sponsor: http://www.buymbparts.com/ > For used parts email [EMAIL PROTECTED] > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
