Saturday, March 17, 2012

usa-an-oil-rich-nation-after-all



Not including the oil in the montana.

At least 86 billion barrels of oil in the Outer Continental Shelf yet to be discovered
About 24 billion barrels in shale deposits in the lower 48 states, according to EIA.
Up to 2 billion barrels of oil in shale deposits in Alaska’s North Slope
Up to 12 billion barrels in ANWR, according to the USGS.
As much as 19 billion barrels in the Utah tar sands
A stunning 1.4 trillion barrels of oil shale the massive Green River Formation in Wyoming
The main problem is that most of these resources are roped off. Just knowing the oil is there comes as little comfort if there are never going to be any leases issued by the government for energy companies to explore. And our ability to access the shale oil – while technically well withing our capability today – will be significantly hamstrung as long as activists continue to fight fracking and horizontal drilling.

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