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The Rod Martin Report
The Rod Martin Report
Oil is Vastly More Plentiful Than Anyone Has Thought (Except Us)
Geopolitics, Tech & Markets

Oil is Vastly More Plentiful Than Anyone Has Thought (Except Us)

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Rod D. Martin
Jan 25, 2018
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The Rod Martin Report
The Rod Martin Report
Oil is Vastly More Plentiful Than Anyone Has Thought (Except Us)
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by Rod D. Martin
January 25, 2018

Bloomberg just ran an article with the ominous-sounding title of “The Dark Side of America’s Rise to Oil Superpower”.

This article confirms my thesis for almost two decades at RodMartin.org: that oil is vastly more plentiful than anyone has thought, that American energy independence (or as President Trump now seeks, "energy dominance") is completely possible, and that even progress toward that hurts all the right U.S. enemies.

How much progress have we made? From the article: "The results are historic. In October, American net imports of crude and refined products dropped below 2.5 million barrels a day, the lowest since official data were first collected in 1973. A decade ago, U.S. net oil imports stood at more than 12 million barrels a day."

And remember: the left said it could never go up, it would only go down, and oil was about to disappear entirely. And even after that proved stupid, remember their campaign slogan: "You can't just drill your way to l…

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