20 BILLION BARRELS WORTH OF OIL FOUND IN TEXAS

usgs.gov/news/usgs-estimates-20-billion-barrels-oil-texas-wolfcamp-shale-formation

HOLY SHIT MEME MAGIC IS REAL

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usgs.gov/news/usgs-estimates-20-billion-barrels-oil-texas-wolfcamp-shale-formation
star-telegram.com/news/business/article114931993.html
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GET FUCKED SAUDIS

Is that a lot?

Largest. Oil. Find. In. USGS history.

no

SAUDI ARABIA WILL NOW RETURN TO THE THIRD WORLD SHITHOLE IT ALWAYS HAS BEEN

PRAISE CHRIST

$1 Trillion Dollars Worth

SAUDIS IS KILL

>usgs.gov/news/usgs-estimates-20-billion-barrels-oil-texas-wolfcamp-shale-formation
But is it a lot?

YES

Thank you

Mr President, we're tired of winning already

Can we slow down?

Maybe take a break from all this winning until after Thanksgiving?

Lets just hope other countries stop buying from them as well.

No, we haven't found an Alien Empire for Trump to go full Alexander on yet!

Yay, now we delay touching out patch under the queen charlotte islands.

oh boy can we finally make the middle east a shit hole

Yep, Kek has blessed us

Saudi Arabia has 268 billion. Good enough for you guys, but really Saudi-Welfare-State-tier

Sorry.

20 billion anything is a lot.

2nd largest field after Saudi Arabia's. Also it's more like 75 billion barrels with new technology

star-telegram.com/news/business/article114931993.html

YEEEEEHAWWWWW GRAB YOUR SHOVELS AN DRILLS BOYS WE'RE MAKING AMERICA ENERGY INDEPENDENT AGAIN.

Can I get a job now?

>we just found an oil reserve that is only 2nd to the saudis

>not important

>shale oil
nothing special
this has been going on for years
>hey let's go for shell oil
>saudis basically fuck themselves by lowering the price so no shell oil fun in US
>I guess not really shell oil for now then

>queen charlotte islands

Realistically, what kind of impact could this have? Saudia Arabia definitely has more oil than this, so realistically, is this enough oil to sustain ourselves independent of Saudi Arabia? If so, for how long?

>GET FUCKED SAUDIS

FIRST POST BEST POST

GOLD PLATED LEXUS IN TEXAS

Wouldn't hurt, I expect there will be an Oil boom

>Trump will let the Saudis do that

F.

i have a feeling there could be more to the north of texas somewhere but idk about that.

>"Mexico pay for the wall"
>"No fu-..."
>"We got oil"
>"Shit gringo let's do this"

About 20 billion to 75 billion oil to the Saudi's 268 Billion.

So we have some leverage now.

>take the cost of a single barrel of oil
>multiply it by 20 billion
>????
>profit

Its not conventional so its not cheap to pull out.

Also, Saudi Arabia has a proven oil reserve of 268 billion barrels of easily accessible oil.

Trump doesnt have to do anything. The Saudis are already in rouble because of the low oil prices

But we have President Trump user.

So...

How much is recoverable oil tho lads?

>be American
>call oil gas
>call gas oil
>sitting on untapped 20 billion barrels for centuries

Is it really second largest?

Saudis at 268 and second largest is 20? You guys use 7+bbl per year. You found 3 years (tops) worth of oil.

Congrats.

Yeah but now they are kill

Is this good or bad for Europe?

Ho Lee shit

Get ready lads, it's gonna happen!

can't argue with that

looks like texas needs some freedom

It's Texas. They'll get every drop even if they have to ring it out of polar bear pelts.

this triggers opec.

U.S/Canada/Mexico new oil superpower

Probably good because oil prices will drop worldwide. If the US buys less, the Saudis will be begging to sell it to Europe for next to nothing.

>implying this won't hurt the oil industry even more
We already have too much oil

20 billion.. probable is 75 billion bbls

Wolfcamp is garbage and you are garbage

They already have been. They've been tanking it on purpose to put pressure on Putin for the last few years, hoping it would pay off with the pipeline through Syria. NOPE

Screw you Saudi arabia

PLz send help!

Yeah thats the one danger of it, BUT ITS FUCKING OIL IN TEXAS SO FUUUCCCKKK IT

...

We have ten times that sitting in Alaska.

We oil now. Fuck the Arabias

Oil is pretty low right now and it is expensive to extract oil from shale formations with fracking.

Three years worth of US consumption at current rates, and if it's in a shale formation, it's going to be expensive to get at. Or, about 8 or so months worth of World consumption at current rates.

Does that make it a lot in the grand scheme of things? Nope.

Oil is worthless. People aren't going to stand for dirty energy.

ELECTRICITY is the energy source of the future.

>Too much oil
Wat? How can this in any way not be a positive thing?

eat shit OPEC

eat shit ecologists

>Muh peak oil BTFO!


USA! USA! USA!

The US surpassed the proven reserves than Saudi Arabia or Russia earlier this year. This find adds another 20 billion barrels on top of that. The best part is this underlies a pre-existing field so all the infrastructure is already in place to begin exploiting it.

Wut

Maybe Trump will starve off the Saudis
That be awesome or make Saudi Arabia accept all the Muslims the USA does not want.

...

OH SHIT, NOW FORD IS BTFO

Uh....

Well there goes the oil sands again, just when we were starting to stabilize.

Thanks a lot guys.

They are already preping Martian colonist, does that count?

PRAISE KEK

TRUMP DID THIS

Holy actual fucking space testicles batman this could fucking change the balance of world power!

Its in Texas dude, they are fucking drilling this shit

What about 20 billion atoms?

What is that, like a needle point? Psh, nothing personnell kid

it's time
you know what to do

Not bad faggot, not bad.

Trufax. But the mosquito tho

>when you think America has peaked in resources

>suddenly we find out it is only getting started

Nice we will grab that to starve the Saudis to death then take their oil.

>Oil is worthless. People aren't going to stand for dirty energy.

Uh, more like liberals are worthless. The rest of the world is just fine with oil powering their 400hp vehicles. We don't get to share Elon Musk's corporate welfare.

I'm an oilfag and this is definitely not good in the short run. We have plenty already discovered in the gulf and in west Texas. Good new is' trump want to invest a lot into the energy sector. Get ready for $1/gallon and another 9/11

Too much supply drives down cost so oil barons make less shekels. Fuck the oil barons. This is good for us.

26 TRILLIONS to go

Yet another find to help keep the price of oil below $50/barrel.

Wait till we are able to explore the eastern continental shelf

Hey atleast you Canadians have rainbow flags and immgrants

>Texas votes for Trump
>$1 trillion windfall, jobs, and eternal happiness

>California votes for Clinton
>Riots, San Francisco 49ers, illegal immigrant rape/murder sprees, and depression

It truly causes one to contemplate.

BREAKING BREAKING BREAKING

TEXAS STATE GOVERNMENT FOUND TO BE USING BARREL BOMBS AND GASSING MODERATE BLM REBELS

>theres more

>Trump is elected.

>Several days later, biggest oil find in US history.

He really is a god.

Tell those Saudi fucks they can drink their oil.

Too much supply fucks up oil companies when they need oil to be >$100/bbl and it's

PRAISE JESUS

Looks like Texas needs to be liberated.

>american education

>we just stick a wire into a puddle of electrons and BAM ELECTRICITY

Gotta generate it somehow. Petrochemicals, nuclear, solar, wind, etc. etc.

US consumes 19.36 billion bbl/day.

Those 20 billion bbls can only support us for 2.83 years.

Math: (20*10^9)/(19.36*10^6)/365

Really activated my almonds.

TEXIT
TEXIT
TEXIT
TEXIT

>still owe 18 tril to china
fug

Fuck off homeless hippie