New Drilling Method Opens Vast U.S. Oil Fields

http://www.foxnews.com/us/2011/02/10/new-drilling-method-opens-vast-oil-fields/

New Drilling Method Opens Vast U.S. Oil Fields

Published February 10, 2011

| Associated Press

A new drilling technique is opening up vast fields of previously out-of-reach oil in the western United States, helping reverse a two-decade decline in domestic production of crude.

Companies are investing billions of dollars to get at oil deposits scattered across North Dakota, Colorado, Texas and California. By 2015, oil executives and analysts say, the new fields could yield as much as 2 million barrels of oil a day — more than the entire Gulf of Mexico produces now.

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Read the rest at the above link.

How long will it take for Mr. obama to forbid this type of drilling??

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