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Nearly 700 barrels of crude spill at oil well site

2014-06-08 01:29:04| Oil & Gas - Topix.net

The North Dakota Department of Health said Saturday that about 690 barrels of crude oil spilled from an underground pipeline at an oil gathering site near New Town.

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California: Where 13 Billion Barrels of Oil Simply Vanish

2014-05-26 00:23:50| Oil & Gas - Topix.net

California was supposed to be heading toward a new gold rush. Although, this time it was for black gold.

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California: Where 13 Billion Barrels of Oil Simply Vanish

2014-05-25 12:50:00| Climate Ark Climate Change & Global Warming Newsfeed

Motley Fuel: California was supposed to be heading toward a new gold rush. Although, this time it was for black gold. The Monterey Shale underneath the state was estimated to hold about 13.7 billion barrels of recoverable oil making it the country's largest shale oil deposit. That black gold rush is a lot less likely after the U.S. Energy Information Administration reportedly will slash its estimates of recoverable oil in the state by 96%. According to the report in the LA Times, the EIA is set to announce...

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UKs South England holds billions of barrels of shale oil

2014-05-24 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Shale rock underneath some of the wealthiest counties in southern England may contain billions of barrels of oil, a government report said. The Weald basin, covering counties south of London including Surrey, Sussex and Kent, may have oil in place of as much as 8.6 billion barrels, according to a report published today by the British Geological Survey. It didnt say how much could be extracted profitably. The U.K.s current extractable oil reserves are 3.1 billion barrels, data by BP Plc (BP/)...

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VIDEO: UK fracking 'could yield billion barrels'

2014-05-23 00:21:05| BBC News | Business | UK Edition

A government report on fracking is set to announce that a potentially huge supply of untapped energy is located below the surface of the earth in southern England.

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