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Author Topic: More bad news for Proglodytes: Largest ever US oil reserve discovered  (Read 1735 times)

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Offline SSG Snuggle Bunny

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More bad news for Proglodytes: Largest ever US oil reserve discovered
« on: November 16, 2016, 05:16:23 PM »
Not only is "PEAK OIL!" a bust but the money belongs to Texas, of all places:

Quote
Tuesday the U.S. Geological Survey announced the largest ever assessment of “continuous oil” ever made in the United States. The Wolfcamp shale in the area of Midland, Texas is estimated to contain three times the oil and gas of the Bakken shale formation in Montana and North Dakota. From the USGS:

Quote
The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 billion barrels of natural gas liquids, according to an assessment by the U.S. Geological Survey. This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically recoverable resources.

http://hotair.com/archives/2016/11/16/usgs-announces-largest-estimate-of-oil-and-gas-ever-assessed-in-the-united-states/

For Proglodytes, good news sucks.
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Offline Big Dog

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Re: More bad news for Proglodytes: Largest ever US oil reserve discovered
« Reply #1 on: November 16, 2016, 11:28:54 PM »
Ooooooooh. Good news for American energy independence, bad news for the DUmmies.

Win/win!
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Offline DLR Pyro

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Re: More bad news for Proglodytes: Largest ever US oil reserve discovered
« Reply #2 on: November 17, 2016, 01:31:04 AM »
Perfect timing now that we have a president and Congress who will let us drill our own oil on our own soil
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Offline J P Sousa

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Re: More bad news for Proglodytes: Largest ever US oil reserve discovered
« Reply #3 on: November 17, 2016, 09:20:31 AM »
"PEAK OIL!"   
"Spotted Owl"
"Obama Care"

and the top 10 liberal hoaxes;

https://www.scam.com/showthread.php?135626-Top-Ten-Filthy-Liberal-Hoaxes


Will the left never learn that their hoaxes are always going to be uncovered.  :thatsright:
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Re: More bad news for Proglodytes: Largest ever US oil reserve discovered
« Reply #4 on: November 17, 2016, 09:49:37 AM »
I read this morning that the Wolfcamp field is the second largest in the world, behind a Saudi Arabian field.  Good to know that the Wolfcamp field will turn the USA into OPEC's worst nightmare . . . again! :whistling: :-)
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Offline SVPete

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Re: More bad news for Proglodytes: Largest ever US oil reserve discovered
« Reply #5 on: November 17, 2016, 10:46:51 AM »
Quote from: J P Sousa on November 17, 2016, 09:20:31 AM
"PEAK OIL!"   
"Spotted Owl"
"Obama Care"

and the top 10 liberal hoaxes;

https://www.scam.com/showthread.php?135626-Top-Ten-Filthy-Liberal-Hoaxes


Will the left never learn that their hoaxes are always going to be uncovered.  :thatsright:

Glenn Beck was spewing that "Peak Oil" @#$% back in 2007 or 2008, IIRC. It just fits better with Lib/Prog Enviros' Malthus-style Chicken-Little-ism.
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