Wednesday, November 14, 2012

More oil than all of OPEC!

Alan Farnham of ABC News
writes, "Drillers in Utah and Colorado are poking into a massive shale deposit trying to find a way to unlock oil reserves that are so vast they would swamp OPEC. A recent report by the U.S. Government Accountability Office estimated that if half of the oil bound up in the rock of the Green River Formation could be recovered it would be "equal to the entire world's proven oil reserves." Both the GAO and private industry estimate the amount of oil recoverable to be 3 trillion barrels. "In the past 100 years — in all of human history -- we have consumed 1 trillion barrels of oil. There are several times that much here," said Roger Day, vice president for operations for American Shale Oil (AMSO)." Read more here:

I might add, if you can't get the oil out, you surely could bag an elk or deer and take care of your meat-eating needs for the next few months!

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