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(visit the link for the full news article)
Venezuela may have just become the center of an energy-starved world.
The Orinoco Belt, situated squarely underneath the South American nation, may hold some 513 billion barrels of crude oil, according to a new report by the U.S. Geological Survey (USGS).
That's twice the size of Saudi Arabia's oil reserves, placing Venezuela firmly atop the list of oil-rich nations.
Originally posted by Vincent84
Hello ATS'ers.
I once saw an interview with Lindsey Williams where they talked about the oil reserves of the world. It was far bigger then what they tell us. I've read it over here and now the usgs claims Venezuela has a huge amount.
I am not in favour of oil cause it pollute a lot and there is enough clean energy winnable. But the oil price is going down now right?
Lindsey Williams also talked about that tptb want to keep oil prices low cause the oil exporting country's need a oil price of $75 to keep going.
Anybody has an opinion about that?
Peace.
rawstory.com
(visit the link for the full news article)
The truth is that the United States itself has more than enough oil reserves for us to be energy independent.
Originally posted by Vincent84
reply to post by PrisonerOfSociety
Hello mate,
If you look on the internet then there are people speaking about a huge oil field in Colorado with an estimate reserve of 2 Trillion barrels.
I don't know if it were true but I can think of many reasons of why it is forbidden to drill oil wells over there.
Peace mate.