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Oil Assessed in North Dakota and Montana
USGS ^ | 4-10-08 | USGS

Posted on 06/19/2009 3:50:31 AM PDT by Paul46360

Reston, VA - North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.

A U.S. Geological Survey assessment, released April 10, shows a 25-fold increase in the amount of oil that can be recovered compared to the agency's 1995 estimate of 151 million barrels of oil.

(Excerpt) Read more at usgs.gov ...


TOPICS: Culture/Society; Government; Miscellaneous; News/Current Events; US: Montana; US: North Dakota
KEYWORDS: energy; montana; northdakota; oil; usa; usgs
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1 posted on 06/19/2009 3:50:32 AM PDT by Paul46360
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To: Paul46360
It'll be 50 years (at least) until we can have some kind of stable "green" power and I doubt that it will ever reach projections.

In the meantime....DRILL....Gas prices are already up $1....from 6 months ago.

2 posted on 06/19/2009 3:55:12 AM PDT by Sacajaweau
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To: Sacajaweau

Might as well shutter the USGS.

Their reports mean absolutely nothing to anyone in power.


3 posted on 06/19/2009 3:57:48 AM PDT by PittsburghAfterDark
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To: Paul46360

As long as oil can be drilled, refined and used with no more of a pollutant than CO2(Plant food really)resulting, wind, bio and geothermal will be impractical and too expensive. Suck the deposit dry.


4 posted on 06/19/2009 3:58:57 AM PDT by muir_redwoods ( Hey, remember the last head of state who dictated the design of automobiles?)
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To: Paul46360

Drill HERE Drill NOW BUMP!


5 posted on 06/19/2009 4:01:47 AM PDT by PGalt
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To: PittsburghAfterDark

We could be sitting on top of Saudi Arabia and it would not matter the least to the idiots we have in office now.


6 posted on 06/19/2009 4:02:37 AM PDT by RU88 (Bow to no man)
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To: Paul46360

There is plenty of it, and the genious’s running the government just let it lay there while destroying the economy with expensive energy.

It’s inexcusable to be aiding our enemy with our money when we could keep it in America.


7 posted on 06/19/2009 4:04:51 AM PDT by Venturer
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To: Venturer

And just think of the JOBS.
How many jobs are we talking about ?
Thousands ?
Rough necks, welders, truckers, laborers, managers , IT , the ripple in the economic pond would be unimaginable.

Drill here , drill now , or are the saudis just doing jobs Americans don’t want ?


8 posted on 06/19/2009 4:25:23 AM PDT by CFW
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To: Paul46360

http://www.snopes.com/politics/gasoline/bakken.asp

MIXTURE OF TRUE AND FALSE INFORMATION


9 posted on 06/19/2009 4:28:52 AM PDT by preacher (A government which robs from Peter to pay Paul will always have the support of Paul.)
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To: Paul46360

So? 0bama and the 0bamunists won’t allow it to be recovered, let alone refined and distributed. That just wouldn’t support the spirit of despondent dependency he needs to cultivate in America if he is to fulfill his dream of a marxist state.


10 posted on 06/19/2009 4:31:34 AM PDT by PubliusMM (RKBA; a matter of fact, not opinion. 01-20-2013: Change we can look forward to.)
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To: PubliusMM
"Obama and the Obamunists"

The Bakken isn't located under federal lands.

11 posted on 06/19/2009 4:37:42 AM PDT by Ben Ficklin
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To: Paul46360
We have heard since the beginning of the 20th century that oil was past its peak and every year you see another article like this. This should be the biggest headline on every paper in the country.

Unfortunately our present administration thinks it would be a good idea to put a wind turbine on top of the Bakken.

12 posted on 06/19/2009 4:38:22 AM PDT by Recon Dad (Cogito cogito ergo cogito sum - MARSOC DAD)
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To: Ben Ficklin

It will be when Zero takes over the area and signs an executive order to prohibit drilling.


13 posted on 06/19/2009 5:06:51 AM PDT by pistolpetestoys (Outside of a dog a book is a mans best friend;inside a dog it's too dark to read.)
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To: Paul46360

BTTT


14 posted on 06/19/2009 5:11:06 AM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: Paul46360

A buddy of mine who lives up in Montana sent me this a couple of weeks ago.

Drill now.


15 posted on 06/19/2009 5:20:53 AM PDT by Tainan (Cogito, ergo conservatus)
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To: pistolpetestoys

This phrase you use, “takes over the area”, what does that mean?


16 posted on 06/19/2009 5:24:50 AM PDT by Ben Ficklin
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To: preacher
MIXTURE OF TRUE AND FALSE INFORMATION

Wait a second! The "mixture" of true and false is in the snopes article. The information posted by the original posted on this thread is accurate. Don't mix the two, as they are not the same.

17 posted on 06/19/2009 5:28:45 AM PDT by Travis T. OJustice (I can spell just fine, thanks, it's my typing that sucks.)
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To: Sacajaweau

We don’t want to drill in the US and cause pollution when we can buy it from the Saudi’s.

We don’t want to creat blue collar high paying jobs for Americans when we can give them welfare benefits that are being paid for by the rich taxpayer.

No this is AmeriKa we can’t do anything anymore execpt appoligize for being a bad nation.

Heck do we even have any swagger any more?


18 posted on 06/19/2009 5:36:26 AM PDT by ncfool
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To: Paul46360

Salazar and his minions are on to this...they are proposing a moritorium on stimulative methods for oil and gas recovery. That will essentially shut down a large portion of producing reserves.

Vince


19 posted on 06/19/2009 5:40:04 AM PDT by Mouton
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To: Paul46360
Don't forget in the Green River Formation we have over 1 TRILLION barrels of oil locked into shale.
20 posted on 06/19/2009 6:16:27 AM PDT by Sgt_Schultze (Si vis pacem, para bellum)
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