EOR Could Boost US Oil Production By 4 Million Bbls Oil Per Day For 50 Years

A nice article on EOR. Reuters is reporting:

Enhanced oil recovery (EOR) techniques could boost U.S. domestic oil production by 4 million barrels per day for 50 years, while storing all the emissions from 93 large coal-fired power plants, at a price of just $85 per barrel, according to an estimate published by the U.S. Department of Energy.

By injecting carbon dioxide (CO2) into depleted oil fields, the United States could recover an extra 67 billion barrels of oil and simultaneously trap 18 billion tonnes of manmade greenhouse gases safely underground.

Increasing production by 4 million barrels per day for 50 years is not trivial.