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04-02-2008, 04:38 PM
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Senior Club Cobra Member
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Join Date: May 2005
Location: Glendale,
CA
Cobra Make, Engine: Backdraft #395 from Vintage Motorsports; Valley Ford Specialist 487 FE with a TKO600
Posts: 498
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Not Ranked
Massive Oil Find in North Dakota!!
http://www.nextenergynews.com/news1/...news2.13s.html
Saudi Arabia has a proven reserve of 260 Million Barrels.
They are saying this field could produce between 175 and 500 Million Barrels.
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04-02-2008, 05:04 PM
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CC Member
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Join Date: Jul 2001
Location: Senoia,
Ga.
Cobra Make, Engine: 427SO with big twin autolite inlines on custom intake, jag rear, top loader, wembeldon white, guardsmen blue stripes
Posts: 3,155
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Not Ranked
Great news, 'IF' it's legit. Why isn't it front page news?.
__________________
Perry
Remember!, there's a huge difference between a 'parts' changer, and a mechanic.
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04-02-2008, 05:07 PM
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CC Member
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Join Date: Jul 2001
Location: Senoia,
Ga.
Cobra Make, Engine: 427SO with big twin autolite inlines on custom intake, jag rear, top loader, wembeldon white, guardsmen blue stripes
Posts: 3,155
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Not Ranked
I should have paid closer attention, It's dated 2/13?.........
__________________
Perry
Remember!, there's a huge difference between a 'parts' changer, and a mechanic.
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04-02-2008, 09:52 PM
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CC Member
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Join Date: Mar 1999
Location: Big Bear, CA,
ca
Cobra Make, Engine: Superformance
Posts: 331
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Not Ranked
Quote:
Originally Posted by 427 S/O
Great news, 'IF' it's legit. Why isn't it front page news?.
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Because it was found in the 50s. It's a huge oil reserve that's virtually untapped because it's - apparently - a PITA to get the oil out of the rock. I don't know; I don't drill for oil. I haven't even been able to convince myself that "There Will Be Blood" is worth seeing (although this is only because the line "I drink your milkshake!" just seems ... weird). I saw this on some History or Discovery channel show. Probably while I was staying at a Holiday Inn Express.
Your pal,
Meat.
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04-02-2008, 10:26 PM
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Senior Club Cobra Member
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Join Date: Jul 2002
Cobra Make, Engine:
Posts: 15,712
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Not Ranked
Another aspect of this is what KIND of oil? Light, sweet crude? Or heavy? Heavy oil is more costly to refine, so add that to the additional cost of getting it out in the first place. Saudi oil is premium 'light, sweet crude', it doesn't get any better than that.
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04-12-2008, 08:06 AM
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CC Member
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Join Date: Jul 2001
Location: Senoia,
Ga.
Cobra Make, Engine: 427SO with big twin autolite inlines on custom intake, jag rear, top loader, wembeldon white, guardsmen blue stripes
Posts: 3,155
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Not Ranked
It's in the news 'again', might see some movement if gas hits $4-5?.
http://sayanythingblog.com/entry/nor...l_than_alaska/
__________________
Perry
Remember!, there's a huge difference between a 'parts' changer, and a mechanic.
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04-12-2008, 08:08 AM
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CC Member
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Join Date: Jul 2001
Location: Senoia,
Ga.
Cobra Make, Engine: 427SO with big twin autolite inlines on custom intake, jag rear, top loader, wembeldon white, guardsmen blue stripes
Posts: 3,155
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Not Ranked
__________________
Perry
Remember!, there's a huge difference between a 'parts' changer, and a mechanic.
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04-12-2008, 08:40 AM
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Senior Club Cobra Member
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Join Date: Dec 2001
Location: Shasta Lake,
CA
Cobra Make, Engine:
Posts: 26,594
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Not Ranked
Well that would be a lot of oil but it would also just about bring to a stop trying to lessen our dependence on petroleum based products if what they say is true. Maybe, just leave it there for emergency use and keep trying to find better means of fuel.
Ron
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