"We consume more than 20% of the world's oil, but have less than 2% of the world's oil reserve. And that's part of the reason oil companies are drilling a mile beneath the surface of the ocean -- because we're running out of places to drill on land and in shallow water."Nancy Pelosi said that same thing in 2008, but it was not true then, and is not true now.
Two things here: The United States has much, much more than 2 percent of the world's reserves. It is estimated we have over 2 trillion barrels sitting idle, enough to keep us going for 300 years. But we can't touch it, thanks to left-wing environmental nutjobs.
That's why oil companies have to drill 40 miles out to sea in mile-deep water, which just increases the risk and chances of accidents. If they could drill in safer places, we wouldn't be in the bad position we are in today.
Even our own government has admitted that there is more oil under North American than previously thought. See the U.S. Geological Survey report from 2008.
But just try to convince your liberal friends of that. It is hard to have a discussion with any clarity of thought when facts are twisted or ignored to fit one's political agenda.