Daily Telegraph: Why the world isn't running out of oil
"Moreover, as well as bountiful oilfields in North America, Russia, Saudi Arabia and other producers in the Middle East, there are massive, barely tapped reserves in South America, Africa and the Arctic: not billions of barrels’ worth, but trillions. So the planet is not about to run out of oil. On the contrary, according to a Harvard University report published last year, we are heading for a glut.
The 75-page study, by oil executive Leonardo Maugeri, was based on a field-by-field analysis of most of the major oil exploration and development projects in the world, and it predicted a 20 per cent increase in global oil production by 2020." [more inside]
posted by Wordshore
on Feb 21, 2013 -
Iraq Estimates Were Too Low, U.S. AdmitsThe White House acknowledged Monday that it substantially underestimated the cost of rebuilding Iraq and that even the additional $87 billion it was seeking from a wary Congress would fall far short of what is needed for postwar reconstruction. Administration officials said President Bush's emergency spending request - which would push the U.S. budget deficit above the half-trillion-dollar mark for the first time - still left a reconstruction funding gap of as much as $55 billion. Reserve Tours Are Extended With U.S. forces stretched thin in Iraq and the Bush administration still searching for additional international peacekeepers, the Army has ordered thousands of National Guard and Army Reserve forces in Iraq to extend their tours in the country to a year, months longer than many of the troops had anticipated, Army officials said yesterday.
$87,000,000,000 + $55,000,000,000=$142,000,000,000
One year tours for National Guard and Army ReservistsHope you enjoyed your meal--here's your bill...
posted by y2karl
on Sep 9, 2003 -
What are we saying and to whom?
Several of the posts here at MeFi are starting to report fairly detailed information about reserve units who being called up for service and where, as well as movements (Link purposly omitted) of aircraft and tanks and other, potenially damaging information.
Before this gets out of hand let me remind everyone that we need to remember that "the world" is watching and could be reading anything posted openly on the Internet.
I won't censor my opinions but I am going to actively start reviewing the information in my messages before I hit "POST"
I hope others will do the same.
posted by dewelch
on Sep 13, 2001 -