TERREMOTO PETROLERO EN PUERTA PARA LA OPEP/OPEC. LEAN ESTO!
Refer a Friend to Energy and Capital.
Bad News for OPEC
By Jeff Siegel | Thursday, August9th, 2012
According to the Department of Energy, up to 430 billion barrels of recoverable oil lay right herein the United States.
Exactly how much oil is this?
It's...
2x more than all the reserves of Saudi Arabia
6x more than Mother Russia
More than Iraq, Iran, Kuwait, and Canada combined!
All of which makes it even harder to understand why we're still dependent on any one of these countries for ouroil.
The truth is it's not because of politics... but simply because this oil istoo difficult to extract.
You see, most people are surprised to learn that when it comes to crude, oil companies typically recover only the"low-hanging fruit": just 10% to 20% of the oil in proven reserves.
That's it. The rest is either too difficult or too costly to extract.
Think about that: Up to 90% of proven oil is simply abandonedby profit-hungry oil companies!
Now just imagine what it would mean if these companies could finally get to all this "leftover" oil.
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