Detailed text transcripts for TV channel - FOXNEWS - 20120314:05:03:00
To run out. we have peak oil, we are going to declay, we have no future. new drilling technology came along. and we're now told that in fact, as of this last week, they believe there are 24 billion barrels of recoverable oil in north dakota alone. now, that made me feel like i had to change my speech because up until last week, i had been saying there was 25 times as much oil as they thought. now it turns out, the current estimate is there are 160 times, 1600% more oil in north dakota than they thought there was in the 1990s. and some experts believe that number is off by a huge marge and i kn...