American Elephants

The President’s Energy Policy Leaves a Lot of Energy Out. by The Elephant's Child

In Obama’s big Energy Speech, at the truck plant in North Carolina, he reiterated his usual excuse that “America has just two percent of the world’s oil, but we use twenty percent of the world’s oil.” President Obama’s  two percent is that teeny little red pyramid on the top. That represents our “proven” reserves. It is dwarfed by the mass of oil that we have in real reserves. Sometimes a visualization helps to explain things.  (click to enlarge)

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