Wednesday, June 04, 2008

Saudi Dakotia

Bloomberg News provides a detailed article on the potential of the Bakken formation, holding 413 billion barrels of oil, according to one estimate. (The world's biggest, the Ghawar field in Saudia Arabia, has produced 55 billion barrels and has around 70 billion left.) Much of the article concentrates on the scramble to lock up drilling rights to the underground wealth.

Dakota Oil Fields of Saudi-Sized Reserves Make Farmers Drillers

Naturally, this means that we can go back to driving giant vehicles again and never, ever having to think about conserving resources again. Ever. (Not even a little.)

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