If there is supposed to be over 270 billion barrels of oil in the Bakken formation when will we see that oil?

Question

i've heard that people are estimating anywhere from 270-500 billion barrells, when if ever will we see any of that and will it bring the gas prices down?

Answer 1

Why do so many people think that it is better to burn our food, than to use oil.

The term "fossil fuel" is wrong, because it is continuously being created by the organic matter that falls to the ocean floor being compressed and heated as it builds up. Oil is not something that we will run out of.  We simply aren't allowed to use the resources that we have available.

Apparently it is more acceptable to the "environmentalists", to clearcut the forests ,(that take CO2 out of the air) to grow corn to be fermented and distilled into alcohol, (creating tons of CO2) to be burned as a fuel which is more damaging to the environment than burning gasoline. In the mean time complaining about how the "big oil" companies are causing gas prices to go up. Give me a break!

Meanwhile the cost of EVERYTHING is going up while billions of barrels of God given, natural resources in the United States go unused because we are not allowed to get it.

These people don't give a d**n about the environment, or anyones lives, they just wan't the United States to be as miserable as everyone else.

Answer 2

It will help to bring our planet down and you right along with it.

Answer 3

When it can be brought to market at a profit.

Answer 4

The hype over GW is what  the oil Co. are using to raise the price ,so the more GW is pushed the higher price of oil.

Answer 5

bringing gas prices down will just encourage the use of fossil fuels..... not smart

Also by depleting the usable energy sources, what about the next generations?