I totally disagree. Yes the government wants to phase out mass consumption of gasoline by the mass populous for daily use. In the long term it is probably a worthwhile objective. Developers will find a way to continue make cars fun ( i.e.; See Tesla Roadster)

I believe the use of gasoline will be allowed for car hobbyists, boating etc..for a long time...well exceeding our lifetime.

Personally I have adjusted all my vehicles to E10 and accepted it. The E15-E20 thing does concern me and I will comment against that particular change. But from what I see the proposal is not a mandate, but simply raises the allowed maximum. That does not mean that it will be economical for oil companies to implement.

 

I see you found your tin foil hat.

 

you have my vote!

 

I love the idea of the Telsa Roadster but an affordable car like that is years in the making. For right now, the important thing for our hobby is, Congress passes bills without actually reading them. One bill has an article that there will not be a different standard for every state, s they will adopt one big federal standard and that is most likely California's whre every car will need to comply with what they believe should be an emmission standard.
This is not about oil. We have plenty of that, ther eis something else going on. Take California who is going bankrupt, yet they have oil wells off their coast that are blocked off. That oil revenue would bail them out but they ar enot touching it. I believe we are in for some very bing changes. (Might be time to take off the duals and re-install the Cat! )

 

forcing us to live in a Socialist, Marxist, or Communist state, called tyranny.

 

http://www.usgs.gov/newsroom/article.asp?ID=1911




3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate—Released: 4/10/2008 2:25:36 PM

Contact Information:
U.S. Department of the Interior, U.S. Geological Survey
Office of Communication
119 National Center
Reston, VA 20192 Main Contact
Phone: N/A



--------------------------------------------------------------------------------


Read FAQs about the Bakken Formation.
Listen to a podcast with the lead scientist on this topic.
Reston, VA - North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.

A U.S. Geological Survey assessment, released April 10, shows a 25-fold increase in the amount of oil that can be recovered compared to the agency's 1995 estimate of 151 million barrels of oil.

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3 to 4.3 Billion Barrels of Oil in North Dakota and Montana

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Technically recoverable oil resources are those producible using currently available technology and industry practices. USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources.

New geologic models applied to the Bakken Formation, advances in drilling and production technologies, and recent oil discoveries have resulted in these substantially larger technically recoverable oil volumes. About 105 million barrels of oil were produced from the Bakken Formation by the end of 2007.

The USGS Bakken study was undertaken as part of a nationwide project assessing domestic petroleum basins using standardized methodology and protocol as required by the Energy Policy and Conservation Act of 2000.

The Bakken Formation estimate is larger than all other current USGS oil assessments of the lower 48 states and is the largest "continuous" oil accumulation ever assessed by the USGS. A "continuous" oil accumulation means that the oil resource is dispersed throughout a geologic formation rather than existing as discrete, localized occurrences. The next largest "continuous" oil accumulation in the U.S. is in the Austin Chalk of Texas and Louisiana, with an undiscovered estimate of 1.0 billions of barrels of technically recoverable oil.

"It is clear that the Bakken formation contains a significant amount of oil - the question is how much of that oil is recoverable using today's technology?" said Senator Byron Dorgan, of North Dakota. "To get an answer to this important question, I requested that the U.S. Geological Survey complete this study, which will provide an up-to-date estimate on the amount of technically recoverable oil resources in the Bakken Shale formation."

The USGS estimate of 3.0 to 4.3 billion barrels of technically recoverable oil has a mean value of 3.65 billion barrels. Scientists conducted detailed studies in stratigraphy and structural geology and the modeling of petroleum geochemistry. They also combined their findings with historical exploration and production analyses to determine the undiscovered, technically recoverable oil estimates.

USGS worked with the North Dakota Geological Survey, a number of petroleum industry companies and independents, universities and other experts to develop a geological understanding of the Bakken Formation. These groups provided critical information and feedback on geological and engineering concepts important to building the geologic and production models used in the assessment.

Five continuous assessment units (AU) were identified and assessed in the Bakken Formation of North Dakota and Montana - the Elm Coulee-Billings Nose AU, the Central Basin-Poplar Dome AU, the Nesson-Little Knife Structural AU, the Eastern Expulsion Threshold AU, and the Northwest Expulsion Threshold AU.

At the time of the assessment, a limited number of wells have produced oil from three of the assessments units in Central Basin-Poplar Dome, Eastern Expulsion Threshold, and Northwest Expulsion Threshold.
The Elm Coulee oil field in Montana, discovered in 2000, has produced about 65 million barrels of the 105 million barrels of oil recovered from the Bakken Formation.

Results of the assessment can be found at http://energy.usgs.gov.

For a podcast interview with scientists about the Bakken Formation, listen to episode 38 of CoreCast at http://www.usgs.gov/corecast/.

 

3 to 4.3 Billion Barrels of Oil in North Dakota and Montana



http://www.usgs.gov/corecast/details.asp?ep=38

 

No actually not at all. ....and yes of course the feds are running multiple conspiracy's and out to get us all! I tell you run for your lives, their coming to get us...and our precious cars!!!

Are the dems taking this over board a bit...of course they are...they are shooting high knowing they will have to find middle ground! will they get everything the greenies want..of course not...but I agree that further diluting regular pump gas with ethanol solves nothing..so we should all speak loudly against it. If the economics are there for E85 and cars design to run on it fine!

This still remains one of few places we have many of these liberties...and the right to complain!

 

LMAO. This is the great thing about the internet. There are plenty of people out there willing to justify or fight with you regarding your view of the world, be it twisted or realistic.

 

Ain't this thread ever going to end.
It's in the gas. The companies will leave it in untill some scientific study comes out that shows it causes cancer in a lab rat.
Put a fuel systems cleaner in your tank from time to time and forget about it. That is untill parts have to be replaced and the lab rat dies.

 

Wow, a C3 Tech thread that may end up in PR&C. What's the world coming to?

 

I've been following this thread from the beggining, and it seems to me that it's the same thing is happening socially; i.e. it's a feel good issue for the liberals.
They think they can "save the earth" by using ethenol, cloth shopping bags, driving a Prius, or buying "green" products at Wal-Mart! It's awfully arrogant, even God-like, to think anyone can "save" it. This whole global warming BS has just gotten so far out of hand, that even some conservatives are starting to buy into it. It reminds me of how Obama got elected, no one asked him any prying questions during the campaign, so his "real" agenda was never uncovered. Same goes for ethenol. The real agenda for ethenol is what?
The solution to reduce our dependancy on arab oil is to produce more of our own, if the liberals/environmentalists get out of the way. By increasing the world supply, the price will fall, and the rich arabs begin to lose wealth. Not to mention all the jobs created here in the USA in the meantime, oh, and tax revenues too! Obama seems to miss that key factor in economics.
I'm tired of it! We're not doing what Americans are suppose to do! We're letting inexperienced idiots run this country into the ground.
I remember the "Drill here, Drill now" campaign from last summer when gas hit $4/gallon. It took off, then died away after it dropped back to $2.50. I guess everyone was happy with that, because it never became a campaign issue(the press didn't let it). Everyone needs to realize that gasoline is here to stay....period! There is no getting rid of it! That thinking is 60's hippie BS, put your bong down and smell the coffee! The benefits, products, and services related to gasoline/oil, reach into everyone's daily life! REALIZE IT!
Enough about politics. My Vette has a fresh 383, so I haven't been able to assess any difference in performance yet. I will be keeping a close eye on it though. I know what I've read about ethenol, and I don't like what I hear.

 

ethanol is more dense than gasoline and could perhaps put your float over the edge.