GAO To Obama: More Oil Than Rest Of The World

Energy: The Government Accountability Office tells Congress the Green River Formation out West contains an “amount about equal to the entire world’s proven oil reserves.” So why are we keeping it locked up on federal lands?

Official photographic portrait of US President Barack Obama (born 4 August 1961; assumed office 20 January 2009) (Photo credit: Wikipedia)

Exploding the Big Lie pushed by President Obama that we can’t drill our way out of high gas prices because we have but 2% of the world’s proven oil reserves, Anu Mittal, GAO director of natural resources and environment, testified before Congress last week that just one small part of the U.S. is capable of outproducing the rest of the planet.

That small part is known as the Green River Formation, the world’s largest oil shale deposit, and is located in a largely vacant region of mostly federal land on the western edge of the Rocky Mountains that includes portions of Wyoming, Utah and Colorado.

(Excerpt) Read more at news.investors.com …

via GAO To Obama: More Oil Than Rest Of The World.

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