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	<title>
	Comments on: Paul Ryan for Congress energy ad	</title>
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	<link>https://norunnyeggs.com/2008/10/paul-ryan-for-congress-energy-ad/</link>
	<description>The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger).  The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.</description>
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	<item>
		<title>
		By: steveegg		</title>
		<link>https://norunnyeggs.com/2008/10/paul-ryan-for-congress-energy-ad/comment-page-1/#comment-36408</link>

		<dc:creator><![CDATA[steveegg]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 02:16:19 +0000</pubDate>
		<guid isPermaLink="false">https://norunnyeggs.com/?p=3639#comment-36408</guid>

					<description><![CDATA[Not a problem.  The DOE/EIA estimate only took into account the oil that was cost-effective to recover at the point it was created.

I&#039;ll correct that above comment to reflect the billions versus millions.]]></description>
			<content:encoded><![CDATA[<p>Not a problem.  The DOE/EIA estimate only took into account the oil that was cost-effective to recover at the point it was created.</p>
<p>I&#8217;ll correct that above comment to reflect the billions versus millions.</p>
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		<title>
		By: Ricky		</title>
		<link>https://norunnyeggs.com/2008/10/paul-ryan-for-congress-energy-ad/comment-page-1/#comment-36407</link>

		<dc:creator><![CDATA[Ricky]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 01:16:25 +0000</pubDate>
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					<description><![CDATA[Gotcha - thanks for clearing that up for me.

** In my above post, I screwed up the magnitude of the numbers... we&#039;re actually talking about BILLIONS of barrels, not millions.]]></description>
			<content:encoded><![CDATA[<p>Gotcha &#8211; thanks for clearing that up for me.</p>
<p>** In my above post, I screwed up the magnitude of the numbers&#8230; we&#8217;re actually talking about BILLIONS of barrels, not millions.</p>
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		<title>
		By: steveegg		</title>
		<link>https://norunnyeggs.com/2008/10/paul-ryan-for-congress-energy-ad/comment-page-1/#comment-36406</link>

		<dc:creator><![CDATA[steveegg]]></dc:creator>
		<pubDate>Mon, 20 Oct 2008 23:24:25 +0000</pubDate>
		<guid isPermaLink="false">https://norunnyeggs.com/?p=3639#comment-36406</guid>

					<description><![CDATA[That DOE data does not include the &lt;a href=&quot;http://www.americansolutions.com/General/?Page=1c1a10c1-15fd-4ad8-a426-b9a87f635903&quot; rel=&quot;nofollow&quot;&gt;Green River Formation&lt;/a&gt; of oil shale, for which the recoverable estimate from the RAND Corporation is 800 million barrels.  The reason why it does not is that particular formation was estimated to be cost-effective to exploit when oil was at $95/bbl in November 2007, when the Energy Information Administration made its estimates and when oil was below $95/bbl.

Shell Oil Company more-recently estimated that, with techniques discovered this year, that oil shale would be cost-effective to exploit with oil around $25/bbl.]]></description>
			<content:encoded><![CDATA[<p>That DOE data does not include the <a href="http://www.americansolutions.com/General/?Page=1c1a10c1-15fd-4ad8-a426-b9a87f635903" rel="nofollow">Green River Formation</a> of oil shale, for which the recoverable estimate from the RAND Corporation is 800 million barrels.  The reason why it does not is that particular formation was estimated to be cost-effective to exploit when oil was at $95/bbl in November 2007, when the Energy Information Administration made its estimates and when oil was below $95/bbl.</p>
<p>Shell Oil Company more-recently estimated that, with techniques discovered this year, that oil shale would be cost-effective to exploit with oil around $25/bbl.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Ricky		</title>
		<link>https://norunnyeggs.com/2008/10/paul-ryan-for-congress-energy-ad/comment-page-1/#comment-36405</link>

		<dc:creator><![CDATA[Ricky]]></dc:creator>
		<pubDate>Mon, 20 Oct 2008 22:22:58 +0000</pubDate>
		<guid isPermaLink="false">https://norunnyeggs.com/?p=3639#comment-36405</guid>

					<description><![CDATA[&lt;i&gt;Revisions/extensions (9:18 pm 10/20/2008 - steveegg) - Per the below comment, the &quot;millions&quot; has been replaced with &quot;billions&quot;.&lt;/i&gt;

Most of the ad is great, but there&#039;s just one part that bothers me: It&#039;s not true that there&#039;s more oil under America than under the entire Middle East. America has an estimated 25 &lt;del&gt;million&lt;/del&gt; &lt;i&gt;billion&lt;/i&gt; barrels in oil reserves, and the Middle east has about 755 &lt;del&gt;million&lt;/del&gt; &lt;i&gt;billion&lt;/i&gt; barrels (according to the Dept. of Energy). 

It&#039;s a pretty big misunderstanding, on either my part or his. Has anybody heard him talk about this more? About what he was referring to?

here&#039;s the DOE data:
http://www.eia.doe.gov/emeu/international/reserves.html

and this is an illustration of the world oil reserves from Sen. Luger&#039;s website:

http://lugar.senate.gov/graphics/energy/graphs/Who_has_oil_small.gif]]></description>
			<content:encoded><![CDATA[<p><i>Revisions/extensions (9:18 pm 10/20/2008 &#8211; steveegg) &#8211; Per the below comment, the &#8220;millions&#8221; has been replaced with &#8220;billions&#8221;.</i></p>
<p>Most of the ad is great, but there&#8217;s just one part that bothers me: It&#8217;s not true that there&#8217;s more oil under America than under the entire Middle East. America has an estimated 25 <del>million</del> <i>billion</i> barrels in oil reserves, and the Middle east has about 755 <del>million</del> <i>billion</i> barrels (according to the Dept. of Energy). </p>
<p>It&#8217;s a pretty big misunderstanding, on either my part or his. Has anybody heard him talk about this more? About what he was referring to?</p>
<p>here&#8217;s the DOE data:<br />
<a href="http://www.eia.doe.gov/emeu/international/reserves.html" rel="nofollow ugc">http://www.eia.doe.gov/emeu/international/reserves.html</a></p>
<p>and this is an illustration of the world oil reserves from Sen. Luger&#8217;s website:</p>
<p><a href="http://lugar.senate.gov/graphics/energy/graphs/Who_has_oil_small.gif" rel="nofollow ugc">http://lugar.senate.gov/graphics/energy/graphs/Who_has_oil_small.gif</a></p>
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		<title>
		By: Frank		</title>
		<link>https://norunnyeggs.com/2008/10/paul-ryan-for-congress-energy-ad/comment-page-1/#comment-36394</link>

		<dc:creator><![CDATA[Frank]]></dc:creator>
		<pubDate>Sat, 18 Oct 2008 17:23:24 +0000</pubDate>
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					<description><![CDATA[He makes a good point.]]></description>
			<content:encoded><![CDATA[<p>He makes a good point.</p>
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