decade ago. I read various engineering reports and serious studies about the oil industry.
I did not disagree with Smiling Lion's viewpoint that oil deposit is huge in america--I just reminded everyone that under low oil prices, nobody will want to touch them, and thus America is still a de-facto oil importer.
Unsubstantiated claims are useless because they are not so reliable and you do not want to pump oil out of the ground unprofitably. There are many pots of oil reserves in different part of the world which will never be explored because the exploration costs are too high if oil price is below $200.
PLEASE DO NOT READ AND FOLLOW MY POST. I am tired of your endless attacks. We are not on the same page in terms of industry knowledge.
Why do not you read carefully Blah Blah's posts and learn something there before posting below my messages.
