U.S. OIL IS ABUNDANT; PERMITS ARE NOT

Federal Lands Sit on Oil Deposit Bitter Than All Known Oil Reserves Combinedhttp://godfatherpolitics.com/5188/federal-lands-sit-on-oil-deposit-bigger-than-all-known-oil-reserves-combined/

GodfatherPolitics – Tad Cronn – 5/14/2012

Now comes a report from the General Accounting Office, an investigative arm of Congress, that a chunk of federal land known as the Green River Formation, at the juncture of Colorado, Utah and Wyoming, not only contains a lot of oil, but it may contain more oil than the rest of the world’s proven reserves.

Blogger comment: If America becomes energy self-sufficient, our need for military presence around the world diminishes. Troops will not be required to protect American access to foreign resources. Job growth is enhanced and small businesses begin. Tax revenues increase and American debt can be repaid.

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