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Chevron Corporation Message Board

  • rdietsche34 rdietsche34 Jul 7, 2008 11:44 PM Flag

    Bakken Oil Reserve

    The Bakken Oil Reserve is reported to be 10X the reserves of the Alaska North Slope. The Bakken is being developed now. That post supposedly by a Bill Phillips seems to have some inaccurate information in it. The post is now being examined by Snopes as to the validity of several of the facts presented. The Bakken can be developed without many of the enviornmental hazards associated with drilling off the coast of California. There presently is 64,000 acres under lease by oil companies to be developed. They could be doing this but why, when oil can be bought from other countries. When the price gets high enough, this will be the impetus for more exploration and drilling. Why all the noise now about drilling off the coast of California and Washington, when there is oil on land?

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