Bad News for Peak Oilers; Good News for the Rest of Us
“Gulf oil discovery may be bigger than Alaska’s Prudhoe Bay” — 15 billion barrels at a minimum.
Also, though this is obviously a bit on the sensationalistic side, the idea that there might be 2 trillion barrels of oil (350 years at the USA’s current usage rate), extractable from sands in Colorado and Utah is more fun than we should be allowed to imagine.
Yeow.
