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Published on Mar 4, 2011
I need to make a few corrections on Taylor's video . . . 800 Billion barrels will not last us for 400 years at 20 million barrels a day (7.3 Billion annually). But it will last us for over 100 years though.
Taylor also doesn't make it clear that 90% of the water would be recycled in the production and extraction of the Tar Sands and Shale Oil. She also doesn't mention about the Bakken oil fields in North Dakota, which is mostly shale and contains almost as much oil as the Green River Formation.
Canada is currently developing their Tar Sands on a large scale and getting larger every year, currently about 2 million barrels a day and their goal is to do over 3 million barrels a day with the next several years.
The US has the most Shale in the world, but is still reluctant to develop this abundant resource. There is enough oil from our shale to last us over 150 years even without imports.