Texarkandy
Thinks s/he gets paid by the post
- Joined
- Feb 12, 2008
- Messages
- 1,281
So I hear USGS is finally going to release their official assessment on how much recoverable oil is actually there in the Bakken oil fields.
Some guess USGS is going to say 200 billion barrels. Others are speculating possibly as high as 400 billion. Either way, that's a heck of a lot of oil!
Resource Investor - Blog - Gettin' back'n the Bakken
I've read in some places that Murphy Oil & Fidelity, among some other big players, have already been quietly staking positions in this.
Skeptical DW says it's all just timed as a political ploy for the election.
Anybody here think there will be any immediate US market effect due to the upcoming USGS announcement on Thursday?
Some guess USGS is going to say 200 billion barrels. Others are speculating possibly as high as 400 billion. Either way, that's a heck of a lot of oil!
Resource Investor - Blog - Gettin' back'n the Bakken
I've read in some places that Murphy Oil & Fidelity, among some other big players, have already been quietly staking positions in this.
Skeptical DW says it's all just timed as a political ploy for the election.
Anybody here think there will be any immediate US market effect due to the upcoming USGS announcement on Thursday?