[Qout]

Production in North Dakota is probably nearing its peak, but in the next few years, we may be able to increase oil production in south Texas by a million barrels per day, in west Texas by a million barrels per day, in the Gulf by a million barrels per day and in the rest of the US by a million barrels per day. That will raise domestic production by 4 million barrels per day.

Meanwhile, improved efficiency can bring down consumption by a million barrels per day to 18 million barrels per day. That will drop our current imports of about 8 million barrels per day down to 3 million barrels per day. We’ll probably continue to receive a million barrels per day or so from Venezuela and Mexico, which leaves room for 2 million barrels per day from Canada. The rest of Canada’s exports are going to have to find another destination, either as crude shipped from St. John or British Columbia, or as refined fuel shipped from Texas and Louisiana.

[ROCKLOBSTER]

The rest of Canada’s exports are going to have to find another destination

How about if we simply drill horizontal wells from North Dakota into Canada, and then hook up the ends to pipelines?

[imardmd1]

Can the price of gasoline and fuel oil come down? or is the cost of recovering energy from shale oil just too forbidding to bring 1990 prices to reappear? Seriously — ???