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Sunday, September 7, 2008

The End of Peak Oil

...In Canada, The Horn River basin as 500 trillion cubic feet in place....B.C.'s Horn River Basin, near the Northwest Territories, has generated early estimates upwards of 28 tcf (trillion cubic feet) in potential shale gas reserves. To the south lies the Montney sand, shale and siltstone tight gas play, which the B.C. government pegs at 80 tcf of tight gas in place...

....In the Mackenzie Delta, three natural gas discoveries total 5.8 tcf. Further north in the Arctic islands, 16 gas discoveries amount to a further 17 tcf. Benoit Beauchamp, executive director of the University of Calgary's Arctic Institute of North America and a former Geological Survey of Canada field geologist in the Far North, estimates the remote region's potential at 117 tcf of gas plus nearly four billion barrels of oil.

Canada's oilsands motherlode - Alberta estimates that its buried treasure totals 1.7 trillion barrels of bitumen in place......


Source: Al Fin

And this is just what is to be found in Canada. No wonder the democrats in Congress have sought to make that source of fuel off-limits to us...it allows them to continue with the lie that "fossil-fuels" are a vanishing resource...especially since we have not yet begun to explore the earth for this resource.

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