oil companies have been working very hard to find the next big oil reserve
the majority of these areas that seem to be holding oil have serious upfront or continual costs due to there difficult locations. Regardless of new drilling the experts agree that out put will not keep up with demand as soon as 2015 we could have a major crisis on our hands, the oil sands in canada is just testament to how desperate we have become for oil, the cost of distracting oil from this area is not economically feasible even at 100 dollars a barrel. when you burn more oil in the process of extracting oil and end up with a deficit this is not a good economic sign

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Dwight D. Eisenhower warned this country of a "military industrial complex" pulling the strings