Posted on 12/06/2018 3:29:18 PM PST by Hojczyk
This:
https://www.usgs.gov/news/usgs-estimates-20-billion-barrels-oil-texas-wolfcamp-shale-formation
November 2016
Time to buy me a Corvette Grand Sport. Expensive car cheap gas equals big fun.
What will Levon and Jesus do?
Saudi itself is largely unexplored (for oil). There’s likely a lot more there than what’s known.
?Conspire to raise x7 and make the Sandheads have to pay in Gold ONLY.?
There is way too much BLM land in the West.
Here In Michigan it’s around $2.50 per gal. I was wondering why it’s so high compared to others here who says they were paying under $2.00 Then I remembered this past year the state raised our gas taxes making it $.60 per gal in fed. and state taxes......
ehhhhh, hasn’t this been being developed now for about 2 years?
Supposedly the states “claim” (in some cases)they don’t want it back because it will cost them money to maintain it. Uh, okay. I have about an extra 1/2 acre that I don’t “maintain” and it’s still sitting there doing just fine.
Estimates, far below new number, thx for the link, this to me made it more official and bigger impact
Good to know. Sometimes, old news gets recycled and folks miss that fact. Glad that this new story actually represents new information.
Talking about the current Pub governor or the new far-left Dem gov who takes office in three weeks?
The new Gov is anti-fracking, pro-windmills and solar panels and will do her best to slow down production on the NM side of the Basin. The new Land Office head is even worse essentially wanting to keep state lands for the cows and other critters who contribute next to nothing in state funds for education.
And our current Pub US congressman (and member of the Freedom Caucus) who ran for governor and was handily trounced (talk about tilting at windmills!), has been replaced by a far-left Latina who won election both by Pub voters disappointed with the Pub selection staying home, and the Dems using "ballot harvesting" in Las Cruces to get to win a day or two after the election.
NM list PING!
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Considering New Mexico went full retard this last November, it's likely going to do us no good here.
One Chevron in my area is about 12 cents/gallon higher than the lower-priced alternatives.
The lowest price near me is $1.96, with the lowest Chevron price being $2.08. Just a few short miles down the road, another Chevron is sitting on $2.29/gallon, and another is sitting on $2.69/gallon. These are preying on those without GasBuddy, or a willingness to drive a bit in either direction.
This one is from yesterday.
USGS: New Mexico's Permian Basin contains 46 billion barrels of oil
Yes, it looks like the news is that there’s more oil there than previously thought.
Super!
Gas in Aiken County, SC is averaging $1.899/gal
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