N.D. oil is more plentiful than previously thought

  • Article by: Adam Belz , Star Tribune
  • Updated: May 1, 2013 - 9:22 AM

The government has sharply increased its estimate, and some think it is still too conservative.

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blahstateApr. 30, 13 5:19 PM

Go get it! Lets get this stagnant economy going!

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sublime78Apr. 30, 13 5:20 PM

Anyone else hear the collective "gulp" from somewhere in the middle east?

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g5thistimeApr. 30, 13 5:22 PM

There goes the argument that we have to conserve or we will run out of oil!! Why do I still believe that Obama will have us paying over $5.00 a gallon at the pumps before he is out of office? If our leaders can not get gas to the 1.50 - 1.75 a gallon range in the next year we need new leadership.

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daytonsajokeApr. 30, 13 5:27 PM

Thank God we have private companies who can extract this precious from the ground. Obama has cut oil exploration on public lands by 40%. Without private companies we'd be paying 8.00 a gallon if it were up to the govt.

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cmo55Apr. 30, 13 5:28 PM

Excellent news for our country and economy. Inexpensive, clean and readily avaiable energy will make it more economical to regain a manufacturing base in the US.

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rykytrApr. 30, 13 5:39 PM

In 1949 a large oil deposit in california was estimated to have only 40 million barrels left. 40 years later we have pumped 850 million barrels out of it. In 1989 it was estimated to have just 600 million barrels left. Since then we have pumped over 900 million barrels out of it. It is now said to have jut 660 million barrels left....

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bigbadbeanApr. 30, 13 5:55 PM

What will liberals come up with to stop us from using our own resources this time? It is more than obvious liberals want us dependent on foreign oil.

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theruntApr. 30, 13 6:10 PM

Anyone who thinks this will lower gas prices is in denial as to how Big Oil operates.

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ralph6767Apr. 30, 13 6:35 PM

This is good news of course since more resources can only benefit our economy. For perspective, given our current rate of consumption (18.5 million barrels per day), this additional oil will run our country for another 5-14 months depending on which estimate is accurate. Source: US Energy Information Association.

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luxaeternaApr. 30, 13 6:41 PM

Not a drop of that oil should ever be exported from the United States; Finally we have our own energy supply to last for generations of future Americans.

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