Newly Discovered Texas Oil Field Could Hold 20 Billion Barrels

Sputnik – 18.11.2016 The United States Geological Survey has announced the discovery of the largest oil field in the United States to date. The Wolfcamp formation, in the Permian Basin in a West Texas desert, is believed to hold some 20 billion barrels of oil, worth roughly $900 billion at today’s prices. It is also […]