#1 Massive oil discovery in Alaska is biggest onshore find in 30 years03-11-2017, 05:46 PM
Massive oil discovery in Alaska is biggest onshore find in 30 years
by Matt Egan
March 10, 2017: 11:45 AM ET
Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades.
The massive find of conventional oil on state land could bring relief to budget pains in Alaska brought on by slumping production in the state and the crash in oil prices.
The new discovery was made in just the past few days in Alaska's North Slope, which was previously viewed as an aging oil basin.
Spanish oil giant Repsol (REPYY) and its privately-held U.S. partner Armstrong Energy announced the find on Thursday, predicting production could begin as soon as 2021 and lead to as much as 120,000 barrels of output per day.I support UNexit: Get the US out of the UN; Get the UN out of the US!
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Those who know, teach.
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03-11-2017, 07:27 PM
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"Rise of nationalism, United States President Donald Trump's comments over nuclear weapons, the threat of a renewed arms race between the U.S. and Russia, and the expressed disbelief in the scientific consensus over climate change by the Trump Administration. This is the first use of a fraction in the time, and the Clock's closest approach to midnight since 1953." https://en.wikipedia.org/wiki/Doomsday_Clock#Changes
Who woulda thunk that "disbelief in the scientific consensus over climate change by the Trump Administration" has moved us closer to nuclear war? What would we do without these "scientists"?
Last edited by old dog; 03-12-2017 at 01:38 AM.
03-11-2017, 08:21 PM
The Houston-based oil exploration company Apache has made a significant discovery in West Texas’s Permian Basin, estimated at 75 trillion cubic feet of natural gas and more than 3 billion barrels of oil — nearly the equivalent of an entire year of U.S. crude productionIt's not how old you are, it's how you got here.
It's been a long road and not all of it was paved.
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