America (and Canada) are sitting on the world's largest reserves in known oil tar sands, oil shale and fracture required naturals gas!
The two biggest winners look to be Canada and the United States. Canada, with something like two trillion barrels worth of conventional oil in its tar sands, and the United States with about a trillion barrels of shale oil, are the planet’s new super giant energy powers. Throw in natural gas and coal, and the United States is better supplied with fossil fuels than any other country on earth. Canada and the United States are each richer in oil than Iraq, Iran and Saudi Arabia combined.I predict within the next 20 years, we will be the Saudi Arabia and Iran of the world in terms of cheap reliable energy production.
Oh yeah, the next time you hear Obama (or environmentalists) claim we have 2% of the worlds oil reserves but use 20% of the oil. It's what is known as a .... LIE.
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