We Need to Increase Our Domestic Oil Production: About Those Estimates

From the U.S. Department of Interior, Mineral Management Service




Assessment of Undiscovered Technically Recoverable
Oil and Gas Resources of the Nation’s Outer Continental
Shelf, 2006


Using a play-based assessment
methodology, the Minerals Management
Service estimated a mean of
85.9 billion barrels of undiscovered
recoverable oil and a mean of 419.9
trillion cubic feet of undiscovered
recoverable natural gas in the
Federal Outer Continental Shelf of
the United States.



...
This assessment provides estimates of the undiscovered,
technically and economically recoverable oil and natural gas
resources located outside of known oil and gas fields on the
OCS.



From an editorial in the Albert Lea Tribune regarding these estimates: But these are only estimates. Without allowing American oil companies to explore these regions, we won’t know how much is there.



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