Posted on 11/16/2016 5:21:43 PM PST by smokingfrog
A vast field of shale rock in West Texas could yield 20 billion barrels of oil, making it the largest source of shale oil the U.S. Geological Survey has ever assessed, agency officials said.
The Wolfcamp Shale geologic formation in the Midland area also contains an estimated 16 trillion cubic feet of natural gas and 1.6 billion barrels of natural gas liquids, the agency said in a release.
The discovery is nearly three times larger than the shale oil found in 2013 in the Bakken and Three Forks formations in the Dakotas and Montana, said Chris Schenk, a Denver-based research geologist for the agency.
Geologists explain that oil recovered from shale rock is considered unconventional compared to other oil found in the ground because extracting it requires advanced drilling or recovery methods, such as hydraulic fracturing.
The Wolfcamp Shale is part of the sweeping and energy-rich Permian Basin, which includes a series of basins and other geologic formations in West Texas and southern New Mexico. It's one of the most productive oil and gas regions in the U.S.
(Excerpt) Read more at abcnews.go.com ...
Just in time. Let’s put Sarah Palin into office so she can expedite it.
More Winning
Why are we still importing billions of dollars of oil from our enemies in the Middle East? Hopefully, Pres. Trump will put an end to that and make America energy independent, which we can easily do with our vast domestic supplies of fossil fuels, truly a blessing from God.
But didn’t the eco-left tell us 20 years ago that we were just about to run out of oil and natural gas?
Anyone promoting “peak oil?” Deafening sound of a billion crickets.
Great, now we won’t all have to drive Priuses
But... but... but...
...PEAK OIL!!!
Pump it up B4 2020, just in case a RAT wins..they’ll shut it down in 10 minutes. Then again it is, Texas let em try
20 billion barrels. Is that a lot?
lol. Some liberal somewhere is probably asking that question in all seriousness.
Peak Oil baby!
Because we have refineries. It comes and goes.
We will actually be able to use it as well, under Trump.
More Energy Freedom. Globalist liberal heads popping like corn.
Now is the time to kill ethanol!
Those rich Arabs, who creating NOTHING.
Whose only hold on power was the random fortune of that black stuff being under their feet, undiscovered for eons, but for OUR engineers.
And now engineers similar to the ones who found their wealth for them will put them out of biz.
And FINALLY those wandering, violent, moon-barking ignorami will learn a little humility.
So much for Peak Oil.
It’s like Christmas every day.
How sweet it is!
Because we only produce around 8 to 9 million BBLs per day and we use about 18 million BBLs per day. We are a long way off from be import free.
algore is not pleased
WINNING!
Energy independent. Stop shipping cash to the Middle East and instead ship them back their rapefugees!
Peak oil! Peak oil!
OMG, we’re all gonna die!
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