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To: thackney
There were a lot of government authorities saying the reserves of Brazil were 50 billion barrels, 100 billion barrels, even 240 billion barrels..

Ha...small potatoes......when the Green River Formation weighs in at 3 trillion barrels.

7 posted on 01/07/2014 6:50:35 AM PST by spokeshave (OMG.......Schadenfreude overload is not covered under Obamacare :-()
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To: spokeshave

A VERY large chunk of southern Brazil (and neighboring countries) sits over gas shale.

http://geology.com/energy/world-shale-gas/


11 posted on 01/07/2014 7:17:48 AM PST by Sherman Logan
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To: spokeshave

Green River isn’t oil, rather Kerogen that has to be retorted (cooked) out of the rock then made into a syncrude. It cannot be produced just by drilling, like the Presalt oil.


12 posted on 01/07/2014 7:17:51 AM PST by thackney (life is fragile, handle with prayer)
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