Every article I have seen that estimates reserves in all of the US, including offshore Florida, Alaska, anywhere is a very small percentage of our consumption. Last I saw, under 10%. We consume 25% of the worlds oil with 5% of the population. And even if we had the oil, we lack the refining capacity to refine it. The easy thing is to blame those pesky envionmentalists. The reality is that refining is a manufacturing business that is being offshored like every other manufacturing business. The oil industry has shut down a lot of refineries over the last 20 years. You can't blame the EPA for all of them, the oil guys opened up new refineries overseas with cheaper labor.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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