Why aren't we drilling for oil?

[zimmy]

Come on RIRockhound, ScottW didn't say it so it can't be true. Please stop responding to his Republican projections w/ reality.

Here is an excerpt from the email, which conveniently exaggerates the amount of oil estimated by USGS by 100 times. You never know where people get their information, do you ScottW?

Chain e-mail:
" If you start reading and "don't believe" go to the bottom of the page and click on the US Government link. You'll get the same information.

The U. S. Geological Service issued a report in April ('08) that only scientists and oil men knew was coming, but man was it big. It was a revised report (hadn't been updated since '95) on how much oil was in this area of the western 2/3 of North Dakota ; western South Dakota ; and extreme eastern Montana ..... check THIS out:

The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels.. Even if just 10% of the oil is recoverable... at $107 a barrel, we're looking at a resource base worth more than $5.3 trillion...."