26 Dec '11, 7am

Roger Blanchard has a realistic counterpoint to Bakken tight oil petro-pabulum in the Globe & Mail

(Note: Commentaries do not necessarily represent the position of ASPO-USA.) On Sept. 25, 2011 National Public Radio’s All Things Considered program had a segment consisting of what I considered highly questionable information concerning oil production in the Bakken Shale region of North Dakota and U.S. oil production in general. The segment indicated that U.S. oil production would rise dramatically in the foreseeable future due to new technological developments. Segments like this may play well to the public’s desire for optimism but they don’t present an accurate assessment of future oil production in the Bakken Shale region or in the U.S. Early in the segment, the host, Guy Raz, stated that there were 11 to 20 billion barrels of oil in the Bakken Shale formation. I was surprised by the 11 and 20 billion barrel figures because an April 2008 U.S. Geological Survey (USGS) r...

Full article: http://www.energybulletin.net/stories/2011-12-26/bakken-s...

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