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To: 17th Miss Regt

This probably won’t be well received either:

The U.S. Has Much, Much More Gas and Oil Than We Thought
http://www.nationaljournal.com/daily/the-u-s-has-much-much-more-gas-and-oil-than-we-thought-20130430
April 30, 2013

The United States has double the amount of oil and three times the amount of natural gas than previously thought, stored deep under the states of North Dakota, South Dakota, and Montana, according to new data the Obama administration released Tuesday.

In announcing the new data in a conference call, Interior Secretary Sally Jewell also said the administration will release within weeks draft rules to regulate hydraulic fracturing, technology that has come under scrutiny for its environmental impact but that is essential to developing all of this energy.

“These world-class formations contain even more energy-resource potential than previously understood, which is important information as we continue to reduce our nation’s dependence on foreign sources of oil,” Jewell said in a statement.

The formations, called Bakken and Three Forks, span much of western North Dakota, the northern tip of South Dakota and the northeastern tip of Montana. The last time the United States Geological Survey assessed this area for its oil and gas reserves was in 2008. But that assessment did not include the Three Forks formation, which explains the substantial increase in the estimates. USGS estimates that these two formations together hold 7.4 billion barrels of undiscovered—but technically recoverable—oil and 6.7 trillion cubic feet of natural gas.

...

The energy boom’s impact on North Dakota’s economy is undeniable. The state has the lowest unemployment in the country, at 3.3 percent.


3 posted on 05/01/2013 10:40:07 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

And those workers are buying more and better cars, trucks, more and better everything so merchants’ profit, locally and nationally from the boom. Drilling supplies, cement, asphalt for roads, lumber, it goes on and on.


4 posted on 05/01/2013 11:00:33 AM PDT by count-your-change (you don't have to be brilliant, not being stupid is enough)
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To: thackney

I live in CA. The Monterey Shale located along the western edge of the Central Valley is FOUR TIMES THE SIZE OF THE MIGHTY BAKKEN. The State is broke. Will libs in places like San Francisco allow fracking? Even though we’re broke and rapidly turning into a third world country? No!!! Couldn’t have that. We’re all gonna make a living serving crab salad to tourists from Texas. That seems to be the plan.


5 posted on 05/01/2013 11:09:20 AM PDT by Gluteus Maximus
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To: thackney
In announcing the new data in a conference call, Interior Secretary Sally Jewell also said the administration will release within weeks draft rules to regulate hydraulic fracturing

Uh oh, those danged Americans are booming again because of the lack of legal restrictions on fracking

Gotta SHUT THOSE JOBS DOWN!

Lets face it, the Feral Government IS the enemy of America.

8 posted on 05/01/2013 11:14:31 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: thackney
The energy boom’s impact on North Dakota’s economy is undeniable. The state has the lowest unemployment in the country, at 3.3 percent.

I was born and raised in North Dakota. It is a great place to live, if you can stand the cold. I could not, so I left, and soon, when I retire, I am moving to that south sea island beach.

9 posted on 05/01/2013 11:27:34 AM PDT by Mark17 (My body is in California, but my heart is in the Philippines)
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To: thackney

Ted Turner obviously had gotten wind of this years ago when he started acquiring land in those states


11 posted on 05/01/2013 11:41:11 AM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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