Might be time to move to North Dakota
The U.S. Geological Survey is nearing completion of a research project that will attempt to quantify how much oil is contained in the Bakken shales formation and how much of it is recoverable.Note that Saudi Arabia’s proven reserves were about 267 billion barrels in 2006, so even given the lowest estimate, this would make the U.S. virtually OPEC-like.
...the Bakken formation may hold as many as 900 billion barrels of oil.
...Other estimates of the Bakken formation's oil reserves have pegged the number at closer to 200 billion or 300 billion barrels.
And wouldn't that just stick in some craws.
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