If there are losses, we have enough reserves to cover them.
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"We have used these reserves before, but never on this scale, and no purchase ever made by the National Gallery has begun to approach the magnitude of this acquisition, " Dr Penny said.
"We have to recognise that there are reserves being sat on by various public bodies and in this context you have to say are those reserves best used by sitting where they are or should they be borrowed now... and built up again, " Mr Durkan said.
So how can we have these people insisting that reserves are only 1, 124 tonnes?
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Payment by results will make it impossible for small charities to bid for funding because we do not have the financial reserves.
This observation explains the huge amounts of corporate cash reserves we now have that could be used for new products, but are stalled while electronic storerooms fill up with great ideas.
But understand, we only have three to four percent of the world's oil reserves and we use 25 percent of the world's oil, which means that we can't drill our way out of the problem.
The EIA reports that as a result of these new developments we now have large enough domestic natural gas reserves to last us for centuries without relying on any imports.
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We also have huge land and offshore oil reserves vital for transportation fuel, including enormous amounts contained along with gas in oil shale deposits amounting to several hundred years of supply.
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For the reserves are the ores that we have drilled, tested, measured, weighed, baked a fluffy cake out of and know that we can mine with current technologies, at current prices, and still make a profit doing so.
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We have recently begun deploying new technologies to extract vast reserves of natural gas, which is relatively expensive abroad.
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Many say we have plenty of money out there and dangerously high levels of bank reserves.
But technological advances in the way we find and tap oil and natural gas have propelled estimates of available reserves far beyond anything Hubbard could have imagined.
It certainly behooves us in the meantime, however, to preserve, wherever possible, for our own use domestic and offshore oil reserves owned by American companies and others to which we have reliable access.
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Running on our last reserves in fuel, food and in our mind and bodies, we will have to wait three more months before the first plane will arrive.
"We're burning through our reserves right now, so it's nice to have extra help, " said Sable, who is talking to another local corporate firm this week about taking in subsidized attorneys.
If wood had not become scarce in Europe as a fuel we would never have dug for coal and developed the understanding which allows development of oil and gas reserves.
Over the last two years, as prices have soared, proponents of the Peak Oil theory--which argues that we will soon pass the point of being able to replace reserves as fast as they are consumed--have resurfaced in force.
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