'Snake Oil'
Debunking three 'truths' about offshore drilling
Drilling is pointless because the United States has only 3 percent of the world's oil reserves. This is a misleading because it refers only to known oil reserves. According to the Interior Department's Minerals Management Service (MMS), while there are an estimated 18 billion barrels of oil in the off-limits portions of the OCS, those estimates were made using old data from now-outdated seismic equipment. In the case of the Atlantic Ocean, the data were collected before Congress imposed a moratorium on offshore drilling in 1981.
Read the entire article at the link below.
Posts
No comments:
Post a Comment
Feel free to leave a comment. If you make a rude or vulgar comment (determined by me) the comment will be deleted.