Black Gold Rush
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JANUARY 17, 2013
Recoverable reserves of oil in the Bakken field surged from a paltry 150 million barrels in 2005 to today’s estimate of 8 billion barrels, a number which is expected to grow exponentially. Energy Information Administration estimates that the Monterey shale field alone holds 15.4 Last year, CA Gov. Map of U.S. Source: U.S.
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