Clipped from spectator.org
From confused
"peak oil" theorists to
confused Congressmen, it's all but
impossible to hear a discussion of US energy policy without hearing
the left's tired refrain: "The United States currently uses 25% of
the world oil production but has only 2% of world reserves." The
left uses this misinformation to argue against domestic oil
drilling, claiming that with only two percent of the world's
reserves, we can't possibly have enough oil in the ground to
matter.