Australia'a SECRET hidden oil supply?

Question

are you aware that Australia has a huge 30billion barrel oil supply in shale oil, in the blue mountains?

oil shortage, my a$$!

Answer 1

There is a certain amount of oil in these shales and others throughout the world: but at present it is not economically or environmentally feasible. That will all change in 20-30 years though, especially if oil prices continue to rise!

Answer 2

As far as I can tell Australia shut down the Stuart shale operations due to environmental concerns and cost several years ago (4).

Answer 3

we have billions of barrels of oil too, stockpiled underground near the gulf of mexico. its called the emergency oil reserve or something, and we rotate barrels of it constantly to keep them fresh. that doesnt mean there isnt a shortage of oil.