#1 Back in 1995, the U.S. Geological Survey told the American - TopicsExpress

#1 Back in 1995, the U.S. Geological Survey told the American people that the Bakken Shale formation in western North Dakota and eastern Montana only held 151 million barrels of oil. Today, government officials are admitting that it holds 7.4 billion barrels of recoverable oil, and some analysts believe that the actual number could be closer to 24 billion barrels of oil. #2 It is estimated that there are 19 billion barrels of recoverable oil in the tar sands of Utah. #3 It is estimated that there are 86 billion barrels of recoverable oil in the Outer Continental Shelf. #4 It is believed that there are 800 billion barrels of recoverable oil in the Green River formation in Wyoming. #5 Overall, the United States is sitting on approximately 1.442 trillion barrels of recoverable oil. #6 According to the Institute of Energy Research, the United States has an 88 year supply of natural gas. #7 According to the Institute of Energy Research, the United States has a 169 year supply of oil. #8 According to the Institute of Energy Research, the United States has a 465 year supply of coal. #9 Goldman Sachs is predicting that the United States will be the number one oil producing country in the world by the year 2017

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