In Stunning Backtrack, Feds Say Our Largest Shale Oil Reserve Is Mostly Un-Drillable

Posted on May 23, 2014 by groundswellbasscoast

The amount of oil that could be extracted from the USA’s largest shale oil formation has been overstated by 96 percent, federal energy officials admitted Tuesday, dealing a major blow to industry projections about a new oil-boom future.

>readmore> ThinkProgress

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About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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