Wednesday, November 16, 2016

Your good news of the day

One portion of the giant field, known as the Wolfcamp formation, was found to hold 20 billion barrels of oil trapped in four layers of shale beneath West Texas. That’s almost three times larger than North Dakota’s Bakken play and the single largest U.S. unconventional crude accumulation ever assessed, according to the U.S. Geological Survey. At current prices, that oil is worth almost $900 billion.
Texas, and shale oil, helping make America great again!

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  1. "... That oil is worth almost 900 Billion"

    or in other words, only one year's worth of what our government spends every year more than what it brings in.

    1. Yep, for now. Let's see if the new administration can cut that off. If he make the feds live within their means, that alone would be the definition of a revolution.