Russian troops land in Venzuela

[Sociopathicsteelerfan]

(03-25-2019, 03:25 PM)GMDino Wrote: Serious question:  How do our reserves stack up with others though?  I know the shale oil supply is good, but only if oil remains above a certain price.  At least that was the case 5+ years ago.

Not that I disagree with the idea that we should not interfere for simple oil reasons.  

According to this we rank tenth.  You are correct that shale oil needs production needs oil prices to be at a certain level to be profitable.  However, I'm not talking about profitability, I'm talking strategically.  In an armed conflict the cost of extracting shale oil is almost a non-issue.