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Old 04-28-2008
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Re: Massive Oil Deposit could Increase US reserves by 10x

Quote:
Originally Posted by Americano View Post
The price is high enough that producers will get what they can out of it but even if it returns the high end of estimated reserves it's still not a significant amount.
well, if I recall they said as long as oil was north of $40. it makes sense, unless you know something I don't, I am not sure we'll see even $70 oil for quite a long while.....
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