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Old 01-10-2011, 12:25 PM   #23 (permalink)
t vago
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I dunno... It became economical to extract oil from shale back in 2007.

We are talking about 400,000,000,000 barrels of oil. At $90 per barrel, that's about $36,000 TRILLION dollars. If it were taxed at 10%, that's enough to pay off the national debt completely, I think.