RSSSorry But We’re Not Running Out Of Oil Any Time Soon
J.J. Jackson* | April 15, 2008 |
Psst. Have you heard? Have you heard about the 4.3 BILLION barrels of oil reserves in North Dakota?
A study released Thursday said North Dakota is sitting on top of the largest known oil reserves in the lower 48 states, at up to 4.3 billion barrels.
That excludes any known reserves offshore or in Alaska.
The U.S. Geological Survey released its two-year study of the middle Bakken formation, which lies 10,000 feet deep in the geological Williston Basin. The finding underscores the frantic rate of exploration already apace in counties like Dunn and Mountrail to tap the oil-rich formation.
Ok, now stick with me here kiddies. In 2006 the US consumed 20.7 million barrels a day. Now do the math. That is over 200 years worth of oil in just one field.
How long until the environmental Marxists come up with some reason why we cannot drill for it, prevent us from acquiring it and continue the lie that we don’t have enough oil? And I’m sure we’ll still hear from the “Peak Oil” charlatans too.
I say start pumping now and shut off all the little tin horned dictators and let them sell their oil elsewhere!
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