GOD BLESS TEXAS!!
I’m not.
Obama is still President, so...
Oil & Gas are apparently both Sustainable & Renewable.
Eat sand, Saudi Arabia.
Venezuela and Russia, too.
I share the same sentiment of sarcasm. It is so refreshing after 16 years of Bush and Obama! This is America's moment to come out of hibernation.
The Left and the Democratic Party will cite “climate change” and will do all in their power to prevent the use and exploitation of this huge energy source. If Hillary had won, the NPR reporter would probably would have feared to even make the report. If the Left had won the war on carbon energy sources would have accelerated.
But but but PEAK OIL!!!!!!
And to think that we have even more gas in the form of methane hydrates on the sea bottom surrounding our continent.
The Green River formation weighs in at an estimated 3 Trillion barrels of oil....with an estimated 1 Trillion recoverable with todays technology.
For comparison...the known global reserves of oil at 1.5 Trillion barrels.
The Green River Formation is an assemblage of over 1,000 feet of sedimentary rocks that lie beneath parts of Colorado, Utah, and Wyoming that contains the worlds largest deposits of oil shale.
The United States Geological Survey (USGS) estimates that the Green River Formation contains about 3 trillion barrels of oilyes I said trillionwith only half of it being recoverable, depending on available technology and economic conditions. So if my math is correct, the Green River Formation has the capability to produce around 1.5 trillion barrels of oil until it has been tapped dry. In comparison, 1.5 trillion barrels of oil is about equal to the entire worlds proven oil reserves.
Colorado alone contains about 1,300,000 barrels of oil per acre on average, making it the most oil-rich deposit in the United Statesand probably the entire world, according to the Environmentally Conscious Consumers for Oil Shale (ECCOS).
Doesn't sound like a whole lot of oil to me...
Do you suppose this is the beginning of a trend among the federal agencies to curry favor with the new president?
“I have good news! Don’t close me down.”
I’m surprised that the USGS was even out looking for oil — under the Obama regime?
That should read that they finally admitted what has already been known about the Wolfcamp play. We;ve been drilling the Wolfcamp for years.
Did the USGS really discover this?
Or did Conoco and well drillers discover this?
Who gets the credit?
Thank you Lord for giving us The United States of America. Is there anywhere else on Earth as beautiful and as full of the resources required to support and sustain its people?
So the USGS made this discovery? Who knew that Obama has had crews out doing sesmic surveys? Maybe when the oceans started receding they allowed all this Texas Tea to bubble up.
Next up: massive amounts of clean coal found by the BLM.
The endangered Texas Permian snail is in that area. Obama won’t let any oil extraction happen.