Posted on 12/06/2018 2:26:32 PM PST by reaganaut1
I worked 10-years for Barrick - all on overseas projects, but spent almost 20-years in Nevada working for other companies...we likely crossed paths at the Star in Elko, or the Griddle in Winnemucca.
US Geological Survey Discovers Largest Continuous Oil and Gas Resources Texas-New Mexico
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46 billion/[20 million bbl/day (US demand)] = 6 years.
OK, so I did some homework. The news is still good, but it isn’t AS mind-boggling as my original take:
The entire world provens in natgas is 187T m^3. This latest discovery doubles the US’s provens.
Russia still has the largest provens at 47T.
IDK about that, the new Governor said during her campaign she was going to put all the regulations back on oil and gas...which will mean TX will make bank and NM will still be poor. NM keeps electing dims so likely will be poor forever.
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