posted on May, 21 2012 @ 09:12 PM
Originally posted by FreedomXisntXFree
Williston is like a gold rush town; they moved one of our 40 man camps down there since there are no rooms available.
I wouldn't be surprised. Oil companies will milk every last drop of oil out there.
The host said to Forbes, "I am going to ask you a direct question and I would like a direct answer;
how much oil does the U.S. have in the ground?" Forbes did not miss a beat, he said, "more than all the Middle East put together."
From your own source:
3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation
The U.S consumes just over 18 million barrels of crude a day. Assuming that we will be able to recover all that crude oil, and assuming that all that
crude will be going to domestic pumps (which I doubt), you're looking at [bb]one year, tops, to keep the United States completely energy
independent. I'm not surprised there's a gold rush, there aren't that many crude oil reserves left in the United States.
The Bakken is the largest domestic oil discovery since Alaska's Prudhoe Bay, andhas the potential to eliminate all American dependence on
foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels.
This is from a chain email, and it has been debunked. The estimated barrels of crude in the area is not
503 billion, it's maximum, 5 billion
Why do people keep on bringing up this misinformation?