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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 03-17-2009, 01:01 PM   #1
buckman
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3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and

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
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Old 03-17-2009, 01:10 PM   #2
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Originally Posted by buckman View Post
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?
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Old 03-17-2009, 01:40 PM   #3
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Arrow sure it is....

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....
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Old 03-17-2009, 01:49 PM   #4
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Use it as a bridge towards a (reduced) carbon-less economy. Don't just dump it into the open market

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Old 03-17-2009, 02:12 PM   #5
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wouldn't this announcement

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
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Old 03-17-2009, 02:18 PM   #6
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What John R. says.
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Old 03-17-2009, 02:48 PM   #7
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Use it as a bridge towards a (reduced) carbon-less economy. Don't just dump it into the open market
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.
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