Don’t Worry California, Texans will Eventually Figure out How to Get Your Oil

 

(Guest Post by Matthew Ladner)

So the bad news for California just keeps rolling in-turns out that the technology is not just there yet to get to more than a fraction of California’s 13.7 billion barrels of tight oil.   Not to worry Keanu, Texas wildcatters are getting better at the drilling techniques all the time.  Meanwhile in Texas, Mark J. Perry notes that in human history there have been 10 oil fields that have produced a million barrels of oil per day, and two of them are operating in Texas right now, largely thanks to the 18 years of visionary effort from the great George P. Mitchell.

This entry was posted on Friday, May 23rd, 2014 at 9:29 am and is filed under Tejas Uber Alles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to Don’t Worry California, Texans will Eventually Figure out How to Get Your Oil

  1. Greg Forster says:
    May 24, 2014 at 1:26 pm

    Looks like that should read the technology is NOT there yet!

    Reply
  2. matthewladner says:
    May 25, 2014 at 8:09 pm

    Thanks- fixed.

    Reply

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