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Originally Posted by 09fathomgreen
Besides the ANWR, there is, according to federal government estimates, more oil in the Bakken shale in North Dakota, which also stretches into Canada.
The possible number of barrels in the Bakken is about 400 billion barrels. However, there is one hitch. The oil is something like two miles down, in a shale, which is makes it hard to extract.
Technology has gotten better, but with oil prices being what they are, I'm surprised they aren't ramping up production.
Interestingly enough, north of the border, the Canadians have been talking about increasing their production in the shale, but they're reluctant because of the potential difficulty, and and price of putting in the necessary infrastructure to extract the oil.
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Columbia and Venezuela have been squabbling over a border dispute regarding a similar Oil field within Columbia's borders. Since Columbia is now an ally to the U.S. this may help considerably. I think Columbia won the border dispute. There's supposed to be a similar ammounts of oil there as well. But again, our real problem is Refineries. Even if OPEC increased productivity we can't refine oil any faster. That is part of the reaosn they denied President Bush's request to increase productivity. Then know we can't process it any faster so why produce more... Grrrrrrr.
Quote:
Originally Posted by TFord
EVER HEARD OF A GLASS PARKING LOT!
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Splain ya self....
