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Monday, March 19, 2012

An Oil Rich Nation

The oil scarcity myth:
  • At least 86 billion barrels of oil in the Outer Continental Shelf yet to be discovered
  • About 24 billion barrels in shale deposits in the lower 48 states, according to EIA.
  • Up to 2 billion barrels of oil in shale deposits in Alaska’s North Slope
  • Up to 12 billion barrels in ANWR, according to the USGS.
  • As much as 19 billion barrels in the Utah tar sands
  • A stunning 1.4 trillion barrels of oil shale the massive Green River Formation in Wyoming

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