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An American Oil Find That Holds More Than All of OPEC
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 27526740:MV8yMDU5Njg3XzM0NjQ2MjE2XzY2MjVCNEQ=] [quote:Anonymous Coward 20943498:MV8yMDU5Njg3XzM0NjQ2MTQ5X0U5RUMwQ0Mw] So can we stop murdering people for oil now, or what. [/quote] Nope. [/quote]
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Drillers in Utah and Colorado are poking into a massive shale deposit trying to find a way to unlock oil reserves that are so vast they would swamp OPEC.
A recent report by the U.S. Government Accountability Office estimated that if half of the oil bound up in the rock of the Green River Formation could be recovered it would be "equal to the entire world's proven oil reserves."
Both the GAO and private industry estimate the amount of oil recoverable to be 3 trillion barrels.
"In the past 100 years — in all of human history -- we have consumed 1 trillion barrels of oil.
There are several times that much here," said Roger Day, vice president for operations for American Shale Oil (AMSO).
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