Nine Dollar Gas

American Energy Alliance reminds consumers that President Obama and his administration are intentionally boosting the price of gas by restricting access to Americas natural resources. We have enough oil to fuel our economy for the next 200 years. To learn more, go to www.americanenergyalliance.org

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[bull864]

Are you talking about that huge reserve in Utah and Colorado?? I've heard it's larger than Saudi Arabia's reserve.

[AleSantanera]

I'm Italian, this summer my family had an holiday in the Northwest of the US and we drove more than 6500miles. Fourth time we come to your side of the Atlantic, always beatiful!

In Italy gasoline costs almost 10$ per gallon but we're not riding bikes yet. Why don't you just try to reduce engine dimensions? Don't say that shit about "american cars etc"... I own a Chevrolet Aveo here at home, it's a 1.2L, it's a GM and it works just fine.

[thisispointless29]

I wish you Americans were would stop complaining about fuel prices, your fuel is over 2x cheaper than ours i mean you can afford to drive around in cars with V6 and V8 engines over here a V6 is something of a dream, even a 2.0 4 cylinder will cost a bomb. I did some maths and worked out that our fuel prices in you currency are $9.85-$11.54 (petrol) per gallon (stats from 6 months ago) so i don't see why you lot are going mental and buying shitty hybrids, we don't need hybrids so why should you?

[geo ryan]

Gas was over 4.50 under bush 3 dollars now

[bull864]

Actually after looking back at my comments, you're correct. I did insinuate that the reserves were crude oil and not shale. My apologies. But, there is supposed to be a ton of it around the green river. Maybe someday we can refine it and use it cheaper than being proposed now. In the meantime, we're stuck with expensive gas as long as our currency is so weak.

[roberts459]

Really and where are you getting you're figures on the reserves, imaginary land? The US has a total of 21 billion barrels of proven oil reserves. Also as stated shale oil isn't even in fact oil rather it is Kerogen n organic-rich fine-grained sedimentary rock containing kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons called shale oil (not to be confused with tight oil—crude oil occurring naturally in shales) can be produced.

[bull864]

You're short on the amounts of oil estimated to be there. Well short.

[roberts459]

Again not even close the Bakken formation hold about 600 million barrels, as for shale possibly 2 trillion, except nobody has figured out a cost effective way of using it since it's not crude oil. It is Kerogen rock which is crushed and heated in the absence of oxygen to a temperature of 932 F releasing vapors that must be condensed, then further processed into fuels. It's hugely expensive and at this point nobody is bothering with it when they drill oil out of the ground at about $13 a barrel.

[roberts459]

The Bakken formation holds less then one one hundredth the amount estimated by some. Even figuring in the idea of Shale oil it's not even close, plus in order for shale to be profitable at this point oil must remain over $120.00 a barrel, which won't lower fuel prices it will increase them further.

[roberts459]

This is a public service announcement brought to by you're friends the Koch brothers, and run by the former director of policy analysis at Enron. They base their 200 year figure on coal reserves big surprise since this video is about gasoline prices.