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Is This Oil Field the Next Bakken?
fool.com ^ | April 17, 2014 | Robert Baillieul

Posted on 04/17/2014 2:57:59 PM PDT by ckilmer

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1 posted on 04/17/2014 2:57:59 PM PDT by ckilmer
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To: thackney; SunkenCiv

fyi


2 posted on 04/17/2014 2:58:29 PM PDT by ckilmer
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To: ckilmer

It’s the next BLM turtle grazing area!


3 posted on 04/17/2014 3:00:25 PM PDT by TurboZamboni (Marx smelled bad and lived with his parents .)
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To: ckilmer

Peak Oil. Riiiiiight!


4 posted on 04/17/2014 3:00:40 PM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: ckilmer

liberals’ heads will explode!


5 posted on 04/17/2014 3:02:00 PM PDT by MNDude
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To: ckilmer

Bump


6 posted on 04/17/2014 3:04:04 PM PDT by Lurkina.n.Learnin
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To: ckilmer
Hopefully it is.

But you have to be careful. So many guys were "the next Willie Mays."

7 posted on 04/17/2014 3:04:57 PM PDT by MUDDOG
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To: ckilmer

OPEC is so screwed.


8 posted on 04/17/2014 3:05:11 PM PDT by Jeff Chandler (Obamacare: You can't make an omelette without breaking a few eggs.)
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To: ckilmer

Thanks, 7 billion, niiice!


9 posted on 04/17/2014 3:05:27 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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To: ckilmer

We are headed towards energy independence. Especially if we start encouraging liberals to self-deport. Maybe we can persuade them to move to Germany and enjoy all that wind power (when the wind is blowing) and all those solar panels (when the sun is shining). Just don’t tell them that Germany’s “greening” involves burning a lot of extra coal. We don’t want to slow their departure down, don’t want the door to hit them in the butt.


10 posted on 04/17/2014 3:05:51 PM PDT by samtheman
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To: ckilmer

I wish my state of Georgia was blessed with petroleum resources.
A teeny, but not yet profitable area supposedly sits up in our northwest corner around Chattanooga.
I think the areas off of our coast are still undetermined and unexplored.
All we have here in abundance are kudzu, red clay, and gnats.


11 posted on 04/17/2014 3:09:37 PM PDT by Repeal The 17th (We have met the enemy and he is us.)
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To: TurboZamboni

Round up the coon asses they’re eating the turtles.


12 posted on 04/17/2014 3:12:59 PM PDT by IMR 4350
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To: ckilmer

We Americans could consume 7 billion barrels at the current rate in about one year. We consume approximately 19 million barrels per day.


13 posted on 04/17/2014 3:15:36 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: ckilmer
$369 this morning in central PA.

Imagine an energy boom w/o ethanol scams or commies.gov extortion !

14 posted on 04/17/2014 3:16:43 PM PDT by tomkat (3% +1)
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To: ckilmer

Is this oil that flows naturally, or does it require EOR techniques?


15 posted on 04/17/2014 3:17:38 PM PDT by Steely Tom (How do you feel about robbing Peter's robot?)
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To: Repeal The 17th

Wish I could get kudzu to grow in a dry, windy area at over 9,000 feet on the Rockies (small Zone 3a area). It would be nice to be able to find red clay nearby, too (nothing but sand and silt here).


16 posted on 04/17/2014 3:17:42 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: ckilmer

Gas $3.799 in some small towns on the Rockies, and it usually goes way up after Memorial Day.


17 posted on 04/17/2014 3:18:51 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: familyop

Yeah, sure, but you still got nothing good to say about gnats.


18 posted on 04/17/2014 3:19:10 PM PDT by Repeal The 17th (We have met the enemy and he is us.)
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To: tomkat

paid the same amount in northern virginia.

without US oil revolution, oil would be at 150@ barrel and gas prices would be over 6 dollars a barrel and the US economy would be in the toilet and the dollar would be in terrible trouble as would the fed.

Man its a shame few people know how great the hand of providence has been on the USA today.

It gets better. But not this year or next year. But in a couple years the USA is going to get oil independence. The oil boom has just started.

In another decade or so something very different is going to happen. demand for oil is going to go down as electric cars and natural gas vehicles gain traction.

That’s when the price of oil will start to ratchet down.

In the mean time the big thing about these oil production numbers is that the USA is going to be saved from the pure foolishness of the people running the federal government.

Alas the fools will never know the bullet that was dodged.


19 posted on 04/17/2014 3:23:12 PM PDT by ckilmer
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To: Repeal The 17th

True. ;-)


20 posted on 04/17/2014 3:23:36 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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