There's a shocking amount of energy being found

From Ace of Spades:

Here's a linkfest for news about shale gas, oil from shale rock,tar sands and such. We keep finding more of it. It'd be nice if we were able to USE more of it in the US. They seem pretty excited about shale gas in the UK, Europe and Israel.

US proved natural gas, crude oil reserves soar

* Gas reserves rise most in U.S. history

* Technology advances, not new fields, boost reserves

U.S. natural gas reserves increased by the most in history last year, and crude reserves also rose, as companies drilled frantically into shale rock
formations with new technology...

U.S. net proved crude oil reserves rose 9 percent, or 1.8 billion barrels, to 22.3 billion barrels in 2009. Texas saw its proved oil volumes rise most, by 529 million barrels, or 11 percent.

North Dakota, home of the oil-rich Bakken Shale formation, saw its reserves jump by a whopping 83 percent, or 481 million barrels.

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