Fat Steve's Blatherings

Saturday, September 03, 2005

Well, Isn't That Special

      Instapundit tells us that a study reveals huge shale oil deposits in the U.S.

      BFD, folks.  Back in 1972, "Adam Smith," aka George J. W. Goodman, wrote a book called Supermoney, which mentioned shale oil, saying there were vast deposits in the U.S., but only a "kid" just out of business school would invest in them, because they were too expensive to extract the oil from.  Shale oil was an old story 33 years ago!

      When someone starts extracting shale oil successfully and selling it, I'll believe it.  Not till then, though.

THE HOUSE OF SAUD MUST BE DESTROYED — AND WILL BE!

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