A long-awaited federal report on oil that could be recovered in parts of North Dakota, Montana and two Canadian provinces is to be released this week. . .
In 1995, the Geological Survey estimated that using technology available at that time, 151 million barrels of oil could be recovered in the Bakken, said Brenda Pierce, a geologist and program coordinator for the agency’s energy resources program.
Pierce said she would not disclose the study’s findings until Thursday. Asked whether the estimate would be an increase from the 1995 figure, she said, “There is industry in there and having success. There’s your answer.”
(Via Instapundit.)
Looks like this is for real.
UPDATE (5/20): For some reason, a lot of people are finding this post through search engines. Here’s my latest post on the topic.
Internet Scofflaw 