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To: Snowshoe who wrote (147212)7/1/2011 10:28:21 AM
From: Dennis Roth  Respond to of 206086
 
Gas, oil abundant in Alaska's Cook inlet-report
af.reuters.com

excerpt:

In the first resource assessment issued since 1995, the U.S. Geological Survey said the inlet area likely holds 19 trillion cubic feet of recoverable natural gas -- nearly nine times the last estimate -- and 600 million barrels of recoverable crude oil.

The new report is much more optimistic about remaining natural gas in the inlet than the assessment issued 16 years ago, a difference the USGS attributed to improved data, new geologic information and better technology for recovering the oil and gas.