balkan oil reserve - balkan oil field in north dakota

balkan oil reserve - balkan oil field in north dakota : There's an oil boom in western North Dakota. Oil companies large and small are investing millions of dollars in new wells. The North Dakota oil industry has boomed and busted many times in the past 50 years. But some believe new technology and high oil prices will bring long term stability to the North Dakota oil patch.

Balkan Oil and Energy Politics
In the last few months, a number of stories have emerged about Serbia's potential deal with Russia's Gazprom for South Stream and what it might mean to the West's US-backed Nabucco project to provide alternative energy sources to Europe. But there have also been indicators that the Balkans may also contain some valuable oil reserves, themselves.Read More...

North Dakota oil patch is booming
Western North Dakota has large oil reserves. By some estimates, it has more oil than the Arctic National Wildlife Refuge. A federal government geologist estimated a formation called the Bakken shale holds 400 billion barrels of oil. Read More...

Massive Oil Deposit Could Increase US reserves
America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant. Read More...

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