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FUEL SOLUTION * USA - Feds reveal large ‘recoverable’ oil field
Officials with the U.S. Geological Survey have announced that a shale formation in North Dakota, Montana and parts of Canada could produce 25 times more oil than first thought
Washington,DC,USA -Land Line Magazine, by David Tanner -April 11, 2008 : -- ... USGS officials said Thursday, April 10, that the area known as the Bakken Formation could produce between 3 billion and 4.3 billion barrels of oil... The staff at OOIDA headquarters in Grain Valley, MO, have been handling questions and suggestions about how to reduce America’s dependence on foreign oil. The majority of people who call the Association are saying “something must be done and done quickly” as fuel prices soar... Some are calling for increased use of renewable, alternative fuels while others are calling for increased drilling and an expansion of domestic pipelines. Some are calling for a temporary halt to the diversion of oil to the Strategic Petroleum Reserve until prices stabilize, while others suggest that all drivers – including four wheelers – tune up their vehicles and drive smartly and responsibly to cut down on consumption...
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