ping
naa.. can’t be! Democrats said we reached peak oil 40 years ago!
Until they figure out a way to put a stop to it and shut it down.
President Opie will not be pleased.
It is proving more difficult for him to destroy America than THE PLAN forecasted.
Obama might decide to issue an executive order proclaiming the Bakken Field a national monument...
don’t we import, refine and ship a good deal of it out
I hope there aren’t any turtles in North Dakota that need protecting.
All here need to go to thread # 3145534: Bakken Oil Reserve-Fed Takeover?
That’s funny. The USGS said that the Bakken in North Dakota and Montana will probably yield about 3.65 billion barrels (enough for the U.S. for a little over 190 days). We use about 19 million barrels per day.
The hoax is at least 6 years old, and financial publications were the first guilty parties in spreading it. Oil is going up. Summer will be slow for folks on government incomes wishing for increased debt/revenues from tourism. Deal with it. It’s shale. Shale plays don’t last as long before becoming unprofitable. We’re blessed to have shale oil at all during a time when hundreds of millions of new drivers will need fuel in foreign manufacturing countries.
Bakken Formation
http://www.snopes.com/politics/gasoline/bakken.asp
400-Billion Barrel Bakken Oil Field a ‘Myth’, says USGS
http://politicalbyline.com/2008/06/400-billion-barrel-bakken-oil-field-a-myth-says-usgs/
Huge Bakken Oil Field A Myth
http://jbscorner.blogspot.com/2008/06/huge-bakken-oil-field-myth.html
Get the NIMBYs out of the way to make haste with the Keystone XL pipeline. That would help.
oil imports will end by 2019. much sooner