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Reply #11: You mean the "other" Strategic Reserve? [View All]

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TheMadMonk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-24-07 01:05 AM
Response to Reply #10
11. You mean the "other" Strategic Reserve?
The oil under US soil that is only marginally profitable even at today's prices.

The oil I suspect the US plans on using against an energy starved world when the time comes. And very little of which will be available for domestic use.

And I believe one reason why it's been drill and cap, is that US wells tend to be small and have relatively low flow/extraction rates. You will need all those small wells just to keep up with demand.
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