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Old 06-17-2008, 11:51 AM   #11
scaeagles
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I disagree.

A recent discovery in North Dakota (which goes into South Dakota and Montana as well) called the Bakkan Formation could replace all of our imported oil for about 40 years.

It is estimated at between 175 and 500 billion barrels. At the low end, say 200 billion, that replaces the 14 million barrels of oil we import daily for 39 years. One oil field, all by itself. Let alone off shore and Alaskan oil.

That's one hell of a long time to continue developing other technologies, which I'm all for and no one of conscience is against.

So in 10 years, if nothing is done, and oil is running at $300/barrel, again, someone will say "we can't do that - it will be 10 years until we could even get oil from it", we have no one to blame but those who will not permit it to be done.
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