Friday, February 8, 2013

US to be big oil producer

We have found five times more proven reserves of crude oil than we had in 1968. And I guarantee that in 20 years we’ll have more than five times the crude oil we’ve found today. Just (recently) they announced in South Texas that they found three billion more barrels of proven reserves of crude.

America is the biggest supplier of oil to America. The President has said we’re going to end the United States dependency on Middle East crude oil, and my response is that we’ve already done that.”