Badger Blog Alliance

Sic Semper Tyrannis

Thursday, April 10, 2008

Re: Bakken Oil Analysis

Alternate title: Well That’s Not Very Exciting.

Yeah, 3.65 billion barrels isn't nothing, but it’s nothing like the 175 billion barrels I was reading about. FYI - our consumption is about 21 million barrels a day.

Looking back on those stories, I see a lot of “estimates,” but no real sourcing for those estimates. So it looks like I got sucked into speculation that was too good to be true.