A Potential Boon

I’m not sure how much to trust this report, but there will, supposedly in the near future, be a release of a federal survey stating that the US has 200 billion barrels of reachable oil in the Dakotas and Montana.  If that is true, that would cause a big drop in global oil prices, make the US one of the largest holders of oil resources, and theoretically could make the US a net exporter or at least neutral country in terms of oil.   At 14.93 million barrels imported a day, the 200 billion barrel mark would mean that the US could theoretically go 40 years without importing oil.

Of course, oil is a fungible resource, etc. etc., but if this report turns out to be true, it would be a major boon.