NEED A JOB?
Finally, they're tapping the Bakken formation. As this starts to take off, maybe some of those who think we need to drill for oil in the ANWR will shut up. 8-) Drill, baby, drill? They are getting their wish. We are drilling.
There is possibly more oil to be had in the Bakken than in the ANWR, and it could be produced more quickly. We might see this oil lots faster than we would see oil from northern Alaska.
I have always thought the only reason the right wing wants to drill in Alaska is to tick off environmentalists anyway... by "beating them". I think they want to win some kind of psychological game over the left more than they want us to be more self-sufficient when it comes to energy. The Bakken formation should render that all moot, at least for a while.
It would still be nice to get ourselves weaned off of fossil fuels, though. I'm not holding my breath for that to happen, because there is too much money to be made from fossil fuels for anyone to change their minds and do things differently.
But at least we're tapping some of our own oil resources here in the "lower 48". It's about time. This formation is huge, and it ought to help us to at least be slightly less dependent on *foreign* oil, or to build up our own reserves. It will be interesting to see just how many jobs this new "oil boom" can create.