If this is even half true........

gman042

Been around the block a few times
North Dakota's Bakken formation OIL: You better be sitting down when you read this - The Regulators Anti-Socialism Vigilance Committee
 

Jones

fILE A GRIEVE!
Staff member
You don't need BFRs, just read the USGS link at the bottom of that article. They estimate 3 to 4.3 billion barrels of technically recoverable oil at Bakken. Current US consumption is over 6 billion barrels a year. You do the math. That article waaay overstates the effects of recovering all that oil.
 
You don't need BFRs, just read the USGS link at the bottom of that article. They estimate 3 to 4.3 billion barrels of technically recoverable oil at Bakken. Current US consumption is over 6 billion barrels a year. You do the math. That article waaay overstates the effects of recovering all that oil.
Just wait a day or two, you'll see why I suggested the BFRs. By the way, my reply was not about the reliability of the piece , just a prediction of coming events.
 

gman042

Been around the block a few times
Just wait a day or two, you'll see why I suggested the BFRs. By the way, my reply was not about the reliability of the piece , just a prediction of coming events.

Ah....c'mon. Don't be so cryptic. What do you see in you crystal ball?
 

av8torntn

Well-Known Member
You don't need BFRs, just read the USGS link at the bottom of that article. They estimate 3 to 4.3 billion barrels of technically recoverable oil at Bakken. Current US consumption is over 6 billion barrels a year. You do the math. That article waaay overstates the effects of recovering all that oil.

Let's do the math. The official government estimate has gone up by 25 times since 1995 of how much oil is recoverable in that formation. What will the official estimate be in 2015 or 2025 by the time they got into full production? What technology will exist by then if we got government out of the way?
 
Ah....c'mon. Don't be so cryptic. What do you see in you crystal ball?

Since you are not that frequent of a poster here you may not be aware of some of the flame throwers that haunt these threads. I was merely predicting that before long the usual suspects will chime in with their usual responses. No crystal ball needed, just observation of past practices.
 
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