Timing America's Comeback
2. The Mineral Management Services estimates that the U.S. Atlantic shelf holds 7.2 billion barrels of oil and 27.5 trillion cubic feet of gas. Of the 6 trillion barrels of oil stored in shale in Utah, Wyoming and Colorado,
3. Peter Orszag, director of Office of Management and Budget, estimated in 2010 that the Federal government owns 14,000 buildings that are categorized as excess and another 55,000 buildings that were under or not utilized. Camp Pendleton in Southern California is 125,000 acres of beachfront property, valued in excess of $50 billion. Eglin Air Force Base in Florida is more than 400,000 acres with 30 miles of prime beach frontage. It is estimated that the
These real estate holdings are so expansive that it is near impossible to apply a value. Needless to say, the value of U.S. owned land extends into the $100's of trillions. The National Parks System manages about 83 million acres.
Apple is projected to have $150 billion in cash by 2013. President Obama announced that U.S. corporations have
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