3.28.2008

Who Needs OPEC?

If this is even half true, it's going to completely change US relations with the Middle East.

America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant.
Whatcha wanna bet the Party of the Donkey will try to block drilling, preferring to cozy up to people like Bashar al-Assad and Ahmadinnerjacket?