USGS Plan or Obama’s Plan?
|A strange thing happened on the way to the gas stations’ ever increasing prices: The United States Geological Survey reports enough oil reserves in the United States to support our oil thirst for the next forty years. Yet Obama and the environmentalists have an alternate plan: Increasing prices for oil until we can afford only motorbikes, bicycles, pedal cars, or return to the womb. Hello! Obama! Pull your head out! This short paper comes in three parts: Part one is the exact text copied from a USGS paper released on 4/10/2008 at 2:25:36 PM. Exactly what took 14 months for this information to reach middle America (me) is perplexing. Part two is Obama and the environmentalists’ plan for the transportation of our country in the future. His energy, environmental, and economic bills are already being prepared for signature as we speak. Hold on as we may be taking our last few breaths as freedom loving Americans!
Part three is a reasoned approach to keeping Americans free and happy.
Reston, VA – North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.
A U.S. Geological Survey assessment, released April 10, shows a 25-fold increase in the amount of oil that can be recovered compared to the agency’s 1995 estimate of 151 million barrels of oil.
Technically recoverable oil resources are those producible using currently available technology and industry practices. USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources.
New geologic models applied to the Bakken Formation, advances in drilling and production technologies, and recent oil discoveries have resulted in these substantially larger technically recoverable oil volumes. About 105 million barrels of oil were produced from the Bakken Formation by the end of 2007.
The USGS Bakken study was undertaken as part of a nationwide project assessing domestic petroleum basins using standardized methodology and protocol as required by the Energy Policy and Conservation Act of 2000.
The Bakken Formation estimate is larger than all other current USGS oil assessments of the lower 48 states and is the largest “continuous” oil accumulation ever assessed by the USGS. A “continuous” oil accumulation means that the oil resource is dispersed throughout a geologic formation rather than existing as discrete, localized occurrences. The next largest “continuous” oil accumulation in the U.S. is in the Austin Chalk of Texas and Louisiana, with an undiscovered estimate of 1.0 billions of barrels of technically recoverable oil.
“It is clear that the Bakken formation contains a significant amount of oil – the question is how much of that oil is recoverable using today’s technology?” said Senator Byron Dorgan, of North Dakota. “To get an answer to this important question, I requested that the U.S. Geological Survey complete this study, which will provide an up-to-date estimate on the amount of technically recoverable oil resources in the Bakken Shale formation.”
The USGS estimate of 3.0 to 4.3 billion barrels of technically recoverable oil has a mean value of 3.65 billion barrels. Scientists conducted detailed studies in stratigraphy and structural geology and the modeling of petroleum geochemistry. They also combined their findings with historical exploration and production analyses to determine the undiscovered, technically recoverable oil estimates.
USGS worked with the North Dakota Geological Survey, a number of petroleum industry companies and independents, universities and other experts to develop a geological understanding of the Bakken Formation. These groups provided critical information and feedback on geological and engineering concepts important to building the geologic and production models used in the assessment.
Five continuous assessment units (AU) were identified and assessed in the Bakken Formation of North Dakota and Montana – the Elm Coulee-Billings Nose AU, the Central Basin-Poplar Dome AU, the Nesson-Little Knife Structural AU, the Eastern Expulsion Threshold AU, and the Northwest Expulsion Threshold AU.
At the time of the assessment, a limited number of wells have produced oil from three of the assessments units in Central Basin-Poplar Dome, Eastern Expulsion Threshold, and Northwest Expulsion Threshold.
Obama’s Phase One Vehicle
Gasoline powered three-wheel
two passenger, two teleprompter,
Powered by vegetable oil,
A true flex-fuel vehicle with
dual control foot pedals that
let you pedal home when you
run out of vegetable oil.
EPA Certified Features:
The only carbon footprint
Part Three: Given the above, Obama and the environmentalists need to pull their collective heads out of their posterior parts. Seeing clearly for the first time in decades, they may envision that 40 years of domestic oil production will allow maintaining a healthy and productive economy long enough to develop renewable energy for everything needed in the future world of 2050. Hello! Obama and the environmentalists: “Can you hear me yet”?