RE: [CAD_CAM_EDM_DRO] FW: FW: OIL - you better sit down

Danny,

I do apologize. I did not intend to send it to the group.

Bob Campbell
Bob Campbell Designs.com
www.campbelldesigns.com
Breakout boards
USB Pendants
Electrical Enclosures

-----Original Message-----
From: CAD_CAM_EDM_DRO@yahoogroups.com
[mailto:CAD_CAM_EDM_DRO@yahoogroups.com] On Behalf Of Danny Miller
Sent: Friday, December 11, 2009 10:12 PM
To: CAD_CAM_EDM_DRO@yahoogroups.com
Subject: Re: [CAD_CAM_EDM_DRO] FW: FW: OIL - you better sit down

Wow that's off topic for a CAD/CAM forum...

http://www.snopes.com/politics/gasoline/bakken.asp

It's mostly a hoax. The oil quantity stated for Bakken is grossly
inflated- and it's mostly unrecoverable. What is technically
recoverable is very difficult/expensive to recover- oily, impermeable
rock. A hole drilled into it will not allow the oil from a large area
to drain into the pipe, even if pumped. There's not a lot of hope for
practical technology that will just magically make the oil flow through
rock.

Estimates of oil which are technically recoverable today- but not
necessarily economical with a $70-$80 barrel market- are in the 2-4
billion barrel range. The 500 billion barrel thing was thrown out there
by one researcher in 1999, it was not peer-reviewed for scientific
credibility at the time, and it's totally discredited now.

Danny