[quote=pri_dk][quote=svelte]Why wouldn’t we want to help them deplete their reserves right now, while oil is still relatively cheap, and hold onto ours until the bitter end when the price goes through the roof? If it turns out that is during a wartime, well that’s even more reason to be the last one sitting on oil.[/quote]
Interesting strategy, but the numbers don’t allow it:
US Total: 19,120,000,000
World Total: 1,392,461,050,000
Count the commas.
[/quote]
Maybe we couldn’t sell it to other countries, but it would certainly help us maintain a strategic position.
We could mitigate blackmail from other countries by supplying all of the US oil needs for 100 days (we use 18M barrels/day), or we could use it to supply just the US military for 15 years. That should go quite aways towards protecting our future!
