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The coming glut in oil – and its impact
Reuters ^ | August 9, 2012 | Chrystia Freeland

Posted on 08/13/2012 12:36:37 AM PDT by 2ndDivisionVet

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Comment #21 Removed by Moderator

To: 2ndDivisionVet

bttt


22 posted on 08/13/2012 3:01:16 PM PDT by Pagey (B. Hussein Obama is weak, and is a worse human being than F.D.R., on multiple levels.)
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To: spokeshave

Some estimates have the Monterey Shale at 1 Trillion, but I’m a conservative, and what’s in the ground may not necessarily be easy to extract.

We’re fortunate in that our twenty acres is in Kings County, which is an area of natural gas. A gas strike has recently occurred not too far from our property, and gas is easier to acssess that viscous, low-pressure petroleum.


23 posted on 08/13/2012 6:13:54 PM PDT by SatinDoll (NATURAL BORN CITZEN: BORN IN THE USA OF CITIZEN PARENTS.)
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