Report: U.S. has “surprisingly” large amount of oil

From the Houston Chronicle's "Fuel Fix"

It’s no surprise that a new National Petroleum Council report says North America’s natural gas potential is huge.

It’s become a common refrain in recent years as hydraulic fracturing has unlocked vast formations  previously deemed uneconomic to tap.

But the report’s finding that oil is also more abundant than previously thought was less predictable.

 

Here's the link.

 

http://fuelfix.com/blog/2011/09/15/report-u-s-has-surprisingly-larg...

 

 

 

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