There's an old story about a church that's raising money for a project. The pastor gets up on Sunday and says, "The good news is we have all the money we need. The bad news is it's still in your pockets."
This relates to the supply of oil. The good news is we have all the oil we need. The bad news is it's still in the ground.
We have the technology to get it out. Will we use it?
GAO: Recoverable Oil in Colorado, Utah, Wyoming 'About Equal to Entire World's Proven Oil Reserves'
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