Quote:
Originally Posted by NeilBlanchard
Oil is finite. By definition, there is a peak.
We passed worldwide oil discovery in 1965 or 1966. The fact that we are even considering using the so-called oil sands is proof that we are getting a little desperate...
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There's estimated about 400,000,000,000 barrels of oil in the Bakken Formation under the Dakotas. At a constant import rate of 14,000,000 barrels of oil per day, the Us could enjoy about 78 years of oil from this source.