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Billions Of Gallons Of Oil In N.D. & Montana
Skipper61
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4-14-2008 6:08 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a2403326-a0a9-43a5-9a85-402e3de6ee43/F72202C7-71DD-4A94-B7F5-6C34ECF9B99E/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=61488" href="http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=61488" style="font-size: 11px;">www.worldnetdaily.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=61488"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/www.worldnetdaily.com/img/5B4C6135-BDCD-43D2-8D3B-B4B4C9EACA15" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=61488"><SPAN>Map of Bakken Formation in northern United States, courtesy Grand Forks Herald<BR /></SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=61488"><FONT size="+1" face="Palatino, Georgia, Times New Roman, Times, serif" color="#000000">Geological Survey calls find largest reserves outside Alaska</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=61488"><DIV>A shale formation stretching North Dakota and Montana may have an estimated 3 to 4.3 billion barrels of technically recoverable oil, according to a <A href="http://www.usgs.gov/newsroom/article.asp?ID=1911&from=rss_home">U.S. Geological Survey assessment</A>.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=61488">Known as the Bakken Formation, the find would make the recoverable oil in North Dakota and Montana the largest U.S. <A href="#" class="kLink" id="KonaLink0"><FONT color="blue"><SPAN class="kLink">oil </SPAN><SPAN class="kLink">reserves</SPAN></FONT></A> outside Alaska.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=61488"><DIV>The recently released assessment shows a 2,800 percent, or 28-times increase in the amount of oil recoverable from the Bakken Formation, compared to the agency's 1995 estimate of 151 million barrels of oil. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=61488"><DIV>According to the USGS, the dramatically increased estimate of recoverable oil in the Bakken Formation results from new geological models, advances in drilling and production <A href="#" class="kLink" id="KonaLink1"><FONT color="blue"><SPAN class="kLink">technologies</SPAN></FONT></A>, and recent oil discoveries. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=61488"><DIV>By the end of 2007, approximately 105 million barrels of oil had been produced from the Bakken Formation.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F72202C7-71DD-4A94-B7F5-6C34ECF9B99E/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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