Thread: Massive Oil Deposit could Increase US reserves by 10x
View Single Post
  #10 (permalink)  
Old 04-28-2008
Americano Americano is offline
Secretary of State

  
Member Since: Feb 2007
Location: Southern Oregon
Posts: 5,661

   
Re: Massive Oil Deposit could Increase US reserves by 10x
Quote:
Originally Posted by White Rabbit View Post
USGS Release: 3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate— (4/10/2008 2:25:36 PM)

Btw, 3-4.3 billion barrels equals about six weeks of world consumption.

You are going to need to find 50 fields that large every year in order to pretend we aren't running out of oil.
Six-months of US consumption after development. The US whining for more domestic oil to slow imports resembles a heroin addict looking for a fix in a fundamentalist church.
Reply With Quote