Bakken, Good; Now, Can We Get Serious?

By April 15, 2008Energy

Much news this month about the energy potential of the Bakken Formation in North Dakota and Montana, thanks to a U.S. Geological Survey that estimated a mean value of 3.65 billion barrels of oil. Exciting. Worldwide interest. Etc.

Well, then….

The Coastal Plain of ANWR’s 1002 area is the nation’s single greatest onshore oil reserve. The USGS estimates that it contains a mean expected value of 10.4 billion barrels of technically recoverable oil.

That’s former Interior Secretary Gale Norton in March, 2003 explaining the tremendous oil potential in the Alaskan National Wildlife Refuge. Using some of the same drilling technology that makes much of the Bakken Shale Formation accessible, ANWR’s oil could be recovered in an environmentally safe manner. And heck, there’s a lot more diverse wildlife and fauna in the prairies and Badlands of North Dakota then there is in the frozen wasteland of the Alaskan North Slope.

So if you welcome the Bakken energy, it’s hard to see how you could dismiss the ANWR potential. With any sense of intellectual consistency, we mean.

Join the discussion 2 Comments

  • Gary says:

    Hi, I First heard this on FOX News, as a sound bite… why are they not all over this story?

  • Nebraska Guy says:

    Now is the time for industry to suggest to President Bush that he sign an executive order opening ANWR to production. Despite the fact that oil could not be produced for another 5 years, the announcement would drop oil by $20-$25 a barrel.

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