Detailed text transcripts for TV channel - MSNBC - 20140417:13:23:00
Mainstream, the number of wells skyrocketed from a few hundred being brought online every year to a few thousands. that's no surprising when you consider the money at stake. there are 58 billion gallons of crude oil locked in shale formations. we're talking about nearly $6 trillion dollars' worth of oil in the ground. there's an estimated 660 trillion feet of natural gas in tapped and untapped reserve. the jump in production helped the u.s. hit a milestone in energy production less than six months ago. >> for the first time in near live two decades, we produced more oil here in the united stat...
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