The radical left winger Hussein 0bama will install as the head of the EPA, with the help of RINOs like Graham and McLame, will not allow us to tap this resource, so don’t get excited. Hussein wants to keep energy prices high so he can continue to subsidize companies like Solyendra and to keep subsidizing his muzzie bros in the mid-east.
If this field is not on federal land the US Govt has no control. The current North Dakota boom is entirely on either private or state land. I am sure that unlike Cuomo, Jindal will assign rights to this find as soon as practicable.
These initial reserve computations are usually only a small fraction of the amount inally recovered.