Quick question (no googling people): where is the largest oil reserve in the world?
I am all for green energy. Can you imagine how nice it would be if the US didn’t have to deal with the crazies in the Middle East? How about clean, shinning solar panels giving us everything we need without all the dirt and risk of oil?
Did I mention that I’d love to have a tree that grows money too?
Back in the real world we keep pouring billions of dollars into companies that are simply not viable. How much will we keep looking for something that simply is not there yet?
The one argument that I respect about green energy is the fact that oil is finite and we eventually need a replacement. But the question is: how soon? That is not just an important question… That is THE question in this whole debate. Is the search for a replacement something we need to figure out now? In 50 years? or in 150 years?
So I took my family to Moab, to visit the Arches National Park. On our way there, we stopped by this ‘Prehistoric Museum’ which is maintained by the College of Eastern Utah. It is a small but tidy place, and the visit was surprisingly interesting. Lots of Dinos used to roam around here. And this big desert was not always so dry… Have you ever heard about the Mancos Sea? Me neither.
Have you ever heard about the Green River?
Now, if you did Google for ‘Oil reserves’ you probably got this. The so called ‘conventional’ reserves, which show all the usual players. But how about typing “Oil shale reserves”? Hmmm, quite a different picture isn’t it? The Green River Formation is by far the largest in the world. Even if only half of it can be extracted, that would amount to nearly triple the oil reserves of Saudi Arabia.
Of course, this type of oil is hard to extract. The latest figures I’ve seen show that it would only make sense after we get to a $200 a barrel. But the question is: so what? Are we going to be ready to switch to solar or wind once oil hits that price? Do we need to keep shoveling money into solar panel research or should we be looking into cheaper and better ways of getting that shale oil out of the ground?
Why we don’t have an open and honest debate about this? Is the global warming agenda that powerful? Why even Republicans only talk about Alaska when the real deal is not there?
Here are more pics from our visit.