New Drilling Technique Allows Access to Oil in Western USA
A new drilling technique is opening up vast fields of previously out-of-reach oil in the western United States.
Companies are investing billions of dollars to get at oil deposits scattered across North Dakota, Colorado, Texas and California. By 2015, oil executives and analysts say, the new fields could yield as much as 2 million barrels of oil a day – more than the entire Gulf of Mexico produces now.
via Santa Cruz Sentinel – Associated Press and h/t Waukesha Freeman
So, how long before President Obama again says, “Bend over and grab your ankles?”