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USGS announces largest estimate of oil and gas ‘ever assessed in the United States’
Hot Air.com ^ | November 16, 2016 | JOHN SEXTON

Posted on 11/16/2016 4:41:20 PM PST by Kaslin

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To: Bayard

It’s estimated that the US known reserves at our present rate of consumption will last the US 300 years.


21 posted on 11/16/2016 5:12:48 PM PST by stockpirate (OBAMA MUST BE ON THE PAYROLL OF THE CLINTON FOUNDATION.)
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To: xp38

bingo


22 posted on 11/16/2016 5:14:42 PM PST by Jeff Chandler (Everywhere is freaks and hairies Dykes and fairies Tell me where is sanity?)
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To: stockpirate

The earth does produce oil, I can prove it


23 posted on 11/16/2016 5:17:44 PM PST by advertising guy (I cannot wait for the book KILLING O'REILLY)
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To: advertising guy

I’ve believed it created oil and not via dinosaurs for longer then i can remember. But produce I mean some process we don’t know about deep in the earth.

They’ve found planets covered in hydrocarbons


24 posted on 11/16/2016 5:22:40 PM PST by stockpirate (OBAMA MUST BE ON THE PAYROLL OF THE CLINTON FOUNDATION.)
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To: stockpirate

Two points, how are diamonds made and what is noble metal ?


25 posted on 11/16/2016 5:24:41 PM PST by advertising guy (I cannot wait for the book KILLING O'REILLY)
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To: Kaslin

Trump’s fault.


26 posted on 11/16/2016 5:27:09 PM PST by Billthedrill
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To: advertising guy

I’ve actually never heard of noble metal, I understand how diamonds are made. For over 40 years I didn’t think dinosaurs and oil are related.


27 posted on 11/16/2016 5:27:22 PM PST by stockpirate (OBAMA MUST BE ON THE PAYROLL OF THE CLINTON FOUNDATION.)
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To: JediJones
Yeah dogies! Jedi Clampett photo: Jedi Clampett Jedi Clampett_zpsndlstc32.jpg
28 posted on 11/16/2016 5:30:02 PM PST by tumblindice (America's founding fathers, all armed conservatives)
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To: Kaslin

Granny Clampett could find oil just by shootin’ at the ground!


29 posted on 11/16/2016 5:32:06 PM PST by Typelouder
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To: tumblindice

Beat me by 2 minutes! Texas Tea!


30 posted on 11/16/2016 5:33:22 PM PST by Typelouder
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To: stockpirate

Google stainless steel as a nobel metal as
Oopposed to aluminum, noble metal has acshape memory


31 posted on 11/16/2016 5:34:12 PM PST by advertising guy (I cannot wait for the book KILLING O'REILLY)
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To: advertising guy

Thanks, will do.


32 posted on 11/16/2016 5:35:12 PM PST by stockpirate (OBAMA MUST BE ON THE PAYROLL OF THE CLINTON FOUNDATION.)
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To: Kaslin

And this is just the Midland Basin portion of the play. The Delaware Basin to the west has nearly as much.


33 posted on 11/16/2016 5:35:25 PM PST by crusty old prospector
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To: RushIsMyTeddyBear

They are tapping the source rock for the basin that has sourced all the conventional fields through the years.


34 posted on 11/16/2016 5:36:37 PM PST by crusty old prospector
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To: Bayard
20 billion divided by 20 million that is about 3 years worth of oil

You want to crunch those again?

35 posted on 11/16/2016 5:36:55 PM PST by ROCKLOBSTER (I'm proud to be an American, where at least I know I'm free)
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To: stockpirate

Off topic to prove a point, to this day idiots believe the earth is flat, how does science disprove that, water displacement


36 posted on 11/16/2016 5:37:00 PM PST by advertising guy (I cannot wait for the book KILLING O'REILLY)
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To: advertising guy

These discoveries are being driven by changes in technology.


37 posted on 11/16/2016 5:37:53 PM PST by crusty old prospector
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To: crusty old prospector

Nope, shale is a filter but not a holdin bowl


38 posted on 11/16/2016 5:38:51 PM PST by advertising guy (I cannot wait for the book KILLING O'REILLY)
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To: Bayard
The US has more oil available than all of OPEC. There's an estimated 3 trillion barrels of recoverable oil in the green river formation. Here's a link to an ABC story about it. Here's a tidbit; over the last 100 years, the world has consumed about 1 trillion barrels. This repository alone is three times that amount.

One day, renewables will be cheap enough to compete with fossil fuel. Right now they aren't. We're being forced to pay to develop renewables primarily because the rest of the world is running low on fossil fuel. Our leaders agree with their donors that it's not fair for us to have such an advantage.

39 posted on 11/16/2016 5:42:19 PM PST by Sgt_Schultze (If a border fence isn't effective, why is there a border fence around the White House?)
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To: advertising guy

Horizontal drilling and multi-stage fracing is what is driving these plays. The rock has always been there but the permeability is too low.


40 posted on 11/16/2016 5:44:13 PM PST by crusty old prospector
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