View Full Version : 3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and


buckman
03-17-2009, 01:01 PM
Here's a little good news for those so concerned about our dependence on foreign oil.

http://www.usgs.gov/newsroom/article.asp?ID=1911

Travis
03-17-2009, 01:10 PM
Here's a little good news for those so concerned about our dependence on foreign oil.

http://www.usgs.gov/newsroom/article.asp?ID=1911

so they say it is recoverable....but is it economical to do so?

Raven
03-17-2009, 01:40 PM
when you consider one of the reasons we desire stability in the middle east is so we can continue to import their oil.....
and.....
not having to be so concerned with that ....
would free up allot of money for extraction methods
to make it worth it...

at least that's how i see it.... :cool:

JohnR
03-17-2009, 01:49 PM
Use it as a bridge towards a (reduced) carbon-less economy. Don't just dump it into the open market :wall:

Raven
03-17-2009, 02:12 PM
affect the price of oil per barrel

and the price @ the pump should drop a dime

in the next couple of weeks?

every bit helps

EarnedStripes44
03-17-2009, 02:18 PM
What John R. says.

buckman
03-17-2009, 02:48 PM
Use it as a bridge towards a (reduced) carbon-less economy. Don't just dump it into the open market :wall:

I couldn't agree more John. As long as we do it with fore thought. An example of the government screwing it up is ethonol. Why when we introduced 10% ethonol into fuel we didn't see a 10% reduction in gasoline consumption? Because it's 10% less efficient. Stupid, self centered people setting the agenda.