Posted on 07/24/2012 3:47:28 PM PDT by 92nina
Just yesterday the Energy Information Administration (EIA) put out a new study on the major reserves of shale gas and tight oil. Hydraulic fracturing has led energy producers and scientists to completely reassess America’s oil and natural gas reserves.
In North Dakota, the Bakken Shale is a huge source of this tight oil; however, it is only the third biggest in the entire country. In North Dakota they have seen unemployment drop to 3 percent due to the large effort to explore oil options in the Bakken Shale. If this is only the third largest source in the country, imagine the amount of jobs that would be created while also finding a huge amount of domestic energy sources.
In the charts from the EIA below you can see the amount of recoverable resources for both shale gas and tight oil.
Obviously the amount of shale and tight gas are unquestionable. If we were to explore these domestic options for energy we can create jobs while investing in a new energy source. It’s time to get behind the hydrofracking trend and access these tight oil reserves.
Read more: http://atr.org/nows-time-adopt-hydrofracking-a7065#ixzz21ZmB22OC
Tell the greenies, leftists, liberals, socialists, communists and Marxists (but, I repeat myself) who oppose it to get fracked!
Yellow Cab in Vegas runs on propane. Truckers are converting big rigs to natural gas.
Natural Gas now produces more electricity than coal.
The more that we move toward domestic natural gas, the stronger our economy will grow because that means sending fewer Dollars out of this country to pay for foreign oil.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.