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Environmental

Apr. 5, 2011

Will Oil Become Extinct?

With gas prices skyrocketing, efforts to reduce America's reliance on foreign oil cannot come any sooner. By Jonathan Michaels of Michaels Law Group.


By Jonathan Michaels


Twenty-one million barrels. Crude oil, that is; or more specifically, the amount of crude oil the United States consumes on a daily basis. What is surprising about this is not that most of our supply comes from foreign sources - that is a fact adopted by all but the most extreme skeptics; what is surprising is that the United States outstrips every other country's consumption by an order of magnitude practically unimaginable. While the Un...

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