4.3 billion barrels of oil found in N. Dakota
Posted: Fri Apr 11, 2008 11:06 am
That's right, 4.3 billion barrels of oil found in N. Dakota.
So what will happen now? More oil for the companies to sell us at 110 dollars per barrel?
Can it be used domestically in a dramatic, new program that will ease our dependence on foreign sources? The prior largest U.S. amount is on the Texas/Louisiana border area and is 1 billion barrels-worth, so this is not the answer to our prayers, seeing as how we zip through 20.73 million bbl/day (something like) but perhaps if planned out and used correctly, if not daringly, this new find may become a welcome respite from the inflated prices, not to mention give a few smug Saudis a reason for pause.
Any thoughts, criticisms, brain storms, etc?
So what will happen now? More oil for the companies to sell us at 110 dollars per barrel?
Can it be used domestically in a dramatic, new program that will ease our dependence on foreign sources? The prior largest U.S. amount is on the Texas/Louisiana border area and is 1 billion barrels-worth, so this is not the answer to our prayers, seeing as how we zip through 20.73 million bbl/day (something like) but perhaps if planned out and used correctly, if not daringly, this new find may become a welcome respite from the inflated prices, not to mention give a few smug Saudis a reason for pause.
Any thoughts, criticisms, brain storms, etc?