Post by Ethan / JRyan on Apr 23, 2019 16:36:57 GMT -5
Something I came across that I found interesting. It seems to not be up to date however, see below:
Note the USA reserves and then look for this article:
36.5 Billion Barrels?
The point is, as technology changes these numbers will RISE. I feel that Israel and other nearby nations as well are literally sitting on a sea of oil.
Note the USA reserves and then look for this article:
36.5 Billion Barrels?
Thu, 12/13/2018
This week the United States Geological Survey (USGS) announced a groundbreaking oil and gas discovery in West Texas’ Permian Basin. According to the organization’s recent press release, a whopping 46.3 billion barrels of oil, 281 trillion cubic feet of natural gas, and 20 billion barrels of natural gas liquids are now believed to lie untapped in the Wolfcamp Shale and overlying Bone Spring Formation area of Texas and New Mexico’s Permian Basin.
This week the United States Geological Survey (USGS) announced a groundbreaking oil and gas discovery in West Texas’ Permian Basin. According to the organization’s recent press release, a whopping 46.3 billion barrels of oil, 281 trillion cubic feet of natural gas, and 20 billion barrels of natural gas liquids are now believed to lie untapped in the Wolfcamp Shale and overlying Bone Spring Formation area of Texas and New Mexico’s Permian Basin.
The point is, as technology changes these numbers will RISE. I feel that Israel and other nearby nations as well are literally sitting on a sea of oil.