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Excerpt from lidblog.com
Despite decades of leftists claiming that oil is running out, a new report finds that we have enough oil for 200 more years of use at current levels.
These enviro nuts have been claiming since the 51950s that the oil is running out. Apparently the “follow the science” types are off… just a bit… in their calculations.
Per Just The News:
Tom Pyle, president of the Institute for Energy Research (IER), a free market think tank focusing on energy, told Just the News that anti-fossil fuel activists latched onto “peak oil” to push for alternatives, and with the U.S. leading the world’s production, their rhetoric has evolved.
“First, they said, ‘We don’t have the resources. We’re big consumers, but we don’t have the energy. So we have to get off of the resource. Then it became evident and clear that that was not the case,” Pyle said.
In 2011, IER produced its first North American Energy Inventory.
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