Drill, Baby Drill, Revisited

Steven Crowder has released a video where he makes fun of the current petrol prices and of the policies Obama has on it. And in it he makes a case for more drilling in the United States to lower oil prices.

This does sound a lot, 163 billion barrels of oil. But lets take a look at how they got this number.

The amount of proved reserves the United States has is mostly pegged around 20.6 billion barrels of oil. Crowder got the number of 163 billion barrels from the report “U.S. Fossil Fuel Resources: Terminology, Reporting, and Summary” released by the Congressional Research Service.