Huge News! USGS To Reassess The Bakken -- December 11, 2017

Data points from The Bismarck Tribune:

• ND leaders pressed for reassessment
• that was the headline but a few "ifs" and "buts"
• last assessment was in 2013; at that time:
• the Three Forks crude oil formation was deemed recoverable, bringing future resources to be tapped in the Williston Basin up from 3.7 billion barrels to 7.4 billion barrels of oil
• possible natural gas production also rose from 1.9 trillion cubic feet to 6.7 trillion cubic feet
• the 2013 survey is linked at the sidebar at the right; here's the link:http://themilliondollarway.blogspot.com/2013/04/usgs-doubles-estimate-of-bakken-74.html

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Electricity, Spot Prices Elsewhere

New England: spiking to $60/MWh
Australia:

• South Austrailia: will spike to $350/MWh
• Victoria: will spike to $290/MWh