GAS Prices Dont Matter

fried1765

Well-known member

Equipment
Kubota L48 TLB, Ford 1920 FEL, Ford 8N, SCAG Liberty Z, Gravely Pro.
Nov 14, 2019
1,284
921
113
Eastham, Ma
Did anyone happen to see the "verify" story on the news last night. Someone on facebook said the USA has 400 yrs of oil reserve in the ground in the continental US to be tapped and pumped.
The Verify report checked with several sources and found the US only has 58 yrs of oil sitting in the ground waiting to be pumped.
That doesn't seem like a long time.
The 58 year estimate, likely came from some "green new deal" support group.
 

Biker1mike

Active member

Equipment
B6200, Kubota 2030 Front Blade, King Cutter 60" finishing deck
Jan 11, 2022
261
183
43
Gallatin, NY USA
Do not know who quoted it but the number appears to comes from BP. YOU KNOW, AN OIL COMPANY a decade ago.

The world has 53.3 years of oil left
Matt DiLallo
The Motley Fool
june 28, 2009
BP (ticker BP ) has provided an intriguing update to its global oil reserves estimate in the company's latest yearly review of energy statistics. BP raised its reserve estimate by 1.1% to 1,687.9 billion barrels, which is enough oil to last the world 53.3 years at the current production rates. However, there's likely a lot more oil left in the tank beyond what BP sees today.
 

jyoutz

Well-known member

Equipment
MX6000 HST open station, FEL, 6’ cutter, forks, 8’ rear blade, 7’ cultivator
Jan 14, 2019
1,163
603
113
Edgewood, New Mexico
OK I was thinking maybe getting rid of the wood stove inthe basement and using a pellet ,, thanks much
If you have a 6” flue pipe on the wood stove, you can run the pellet stove pipe inside of the 6 or 8” wood stove pipe.