Posted on 02/03/2013 8:23:34 PM PST by 2ndDivisionVet
The US shale boom has led some to predict that it will overtake Saudi Arabia as world’s largest oil and gas producer by 2020, thanks to the massive reserves found in plays such as the Bakken Shale of North Dakota, the Marcellus Shale in New York, and the Eagle Ford Shale in Texas; even the newly discovered Tuscaloosa Shale formation in Louisiana holds large potential.
However there is a new shale formation that has been discovered in West Texas which could dwarf all others being drilled in the US at the moment.
The play is known as the Cline Shale play and has been discovered in the Permian Basin.
John Breyer a geologist at Marathon Oil Corp.(NYES: MRO) said that this new discovery could dwarf anything that exists in North Dakota...
(Excerpt) Read more at oilprice.com ...
And BTW, have you seen this:
Do forests drive wind and bring rain? Is there a major man-made climate driver the models miss?
http://www.freerepublic.com/focus/f-chat/2985193/posts
You do know that “Global Warming” is a fake crisis, don’t you?
The Earth is cooling at the moment.
And they recently admitted that solar output has more of an impact on Earth than man does.
Great stuff! Thank you!
It was my pleasure, my friend.
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