We cannot drill our way out of this oil crisis. Since 2000, oil companies working in the U.S. have doubled the number of wells drilled per year.
Although increased drilling has added new oil to the nation's supply, it has not done so fast enough to offset the terminal decline of existing fields.
We are going to have to import more of our oil. Period.
MonteQuest
Suggest Quote
News
Discussions
Resources
Members
Fifty-five! Now there's a number that used to unite the United States. Coast to coast the law of the land was fifty-five miles an hour. Just as patriotic Americans worked together and planted victory gardens to fight food shortages during WWII, in the 1970s, with help from the insightful policies of an enlightened congress, Americans responded to the OPEC energy embargo with character and resolve. We reduced our consumption of petroleum.
