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Republican Born Roosevelt Digs Deep for Texas Oil Found With CO2

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Elliott Roosevelt Jr., a grandson of U.S. President Franklin Delano Roosevelt, grins and leans toward visitors in his Dallas office to describe his biggest discovery in 53 years as an oilman.

After nursing a single 10-barrel-a-day well in a desolate stretch of west Texas for two decades, Roosevelt, 76, is embracing a technique he says can liberate a third of the 1.8 billion barrels of petroleum stuck a mile below, Bloomberg Markets magazine will report in its May issue.