Report slashes estimate of oil in NPRA (Alaska)

[RamboLiberal]

Source: Anchorage Daily News

Recent drilling results indicate that the National Petroleum Reserve-Alaska contains roughly a tenth of the oil that federal scientists had previously estimated, the U.S. Geological Survey announced Tuesday.

Instead, the federal agency said, natural gas is the dominant energy resource in the reserve and nearby state waters.

The research findings published Tuesday are based on new seismic surveys and the drilling of more than 30 exploration wells in the region in recent years.

"Many of the newly drilled wells show an abrupt transition from oil to gas just 15 to 20 miles west of (Conoco Phillips') giant Alpine field, located just outside of the northeastern boundary of NPRA," according to the agency's announcement.





Read more: http://www.adn.com/2010/10/26/1519692/report-slashes-estimate-of-amount.html

[Vogon_Glory]

1. But, But--There's SUPPOSED To Be Oil there!

But, but there's supposed to be LOTS of oil there--Rush, Hannity, and O'Reilly said so! How can they possibly be wrong?

It must be the fault of those tree-hugging commie-lib pinko America-hating petroleum geologists!

:crazy:

:tinfoilhat:

[cliffordu]

2. Drill baby drill....

[Bigmack]

3. Well... Iran is just sitting there... on our oil. Just sayin'. nt

[chriscruzan]

4. Do you hear that?

It's the sound of Palin and Miller shitting bricks. We all know that the US Geological Survey is just an out of control liberal front group.