Friday, May 08, 2009

Estimates on Oil & Natgas over 25 years old...

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Data regarding the estimated Oil and Natural Gas reserves available in the United States as well as offshore are more than 25 years old. Just in the Gulf of Mexico where limited drilling has been allowed they now estimate that there is over (8) eight times the amount of oil then what was estimated 25+ years ago...
Bearing Drift has an interesting Podcast regarding this at their site...

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