[Ernest_at_the_Beach]

News ping!

[Ernest_at_the_Beach]

President Bush mentioned the Oil shale Field in Colorado , Utah and Wyoming this morning in his request to Congress to open up restricted areas off shore and in Alaska for Oil exploration.

FR Thread

Bush: Lift ban on offshore drilling (Pelosi, where's the lower gas prices you promised?)

[BIGLOOK]

I've heard lots of estimates on the Bakken area, the low of 300 billion bbl, this of 400 billion bbl (put out by USGS, a gov't bureaucracy) and Big Oil estimates of 800 billion, possibly as much as 3 trillion bbl. The oil companies may be including finds in S. Dakota and Canada in their estimates.

Time: ANWR could provide 20 years of supply alone. The Bakken in Montana and North Dakota could yield supply for 200 years.

This time line fits. It correlates nicely with the discovery of di-Lithium crystals providing the ultimate alternative energy source.