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To: Oilfield

I took the article’s barrels, multiplied by 55, and rounded up on the grounds that one ought to round against one’s self when arguing (probably about a 10% difference due to rounding).

I have no idea what your next to last sentence means, but would be very interested in learning. I also understand that your last sentence is meant to shed light on the previous sentence, but I don’t get it—my guess is that I’m off three orders of magnitude due to something I don’t understand.


13 posted on 01/10/2017 8:19:36 AM PST by Hieronymus ( (It is terrible to contemplate how few politicians are hanged. --G. K. Chesterton))
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To: Hieronymus

Just to prove myself as pedantic, an oil barrel is 42 gallons not 55.


16 posted on 01/10/2017 8:42:16 AM PST by ComradeBork (Consistency is the hobgoblin...)
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To: Hieronymus

I think what he meant was that 3.2 billion barrels of oil is the amount of oil in an entire major oil field. For example, 4 billion barrels of oil is the estimated total recoverable amount of oil in the Bakken Shale formation (and that’s actually the upper-end estimate of 10%).


17 posted on 01/10/2017 8:56:51 AM PST by Little Pig
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To: Hieronymus

Depends on which barrels!
From Wiki; “Although crude oil is sometimes shipped in 55-US-gallon drums, the measurement of oil in barrels is based on the whiskey barrels of the 1870s which measured 42 US gallons (35 imp gal; 159 L). The measure of 42 US or wine gallons, corresponds to a wine tierce”


25 posted on 01/10/2017 10:04:46 AM PST by Dr. Bogus Pachysandra (Don't touch that thing Don't let anybody touch that thing!I'm a Doctor and I won't touch that thing!)
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