Thursday, March 24, 2011

3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate—USGS

This report by the US Geological Survey is from April 2008, but the oil hasn't gone away. It came through on an e-mail, so I decided to take a look--and yes, the report is at the U.S.G.S. web page.

"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."

USGS Release: 3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate— (4/10/2008 2:25:36 PM)

It really is strange that U.S. environmentalists have such a stranglehold on leaders of both parties, because the shutting down of our energy supplies and regulating it out of business, certainly isn't unique to this administration. It forces us to buy foreign supplies--where we have no control over the environmental conditions--involves us in foreign wars with Muslims, and sends our President to Brazil to offer them to drill where he says we can't. It would seem that the long term goal is to destroy both the U.S. and the environment, so obviously they are not interested in "Mother Earth."

However, depending on which version of the e-mail you get, the number of barrels keeps expanding as it is passed along (as does our use for oil), so it's best to go to the website to read the article. And new sources are being found all the time. What doesn't expand is our government's willingness to pursue it. We just pay others to pollute.

1 comment:

Anonymous said...

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