Bakken, Three Forks Has More Oil Than 2008 Estimate: USGS

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Oil resources in shale formations of North Dakota and Montana are 7.4 billion barrels, U.S. government researchers said, doubling an estimate for that area made five years ago.

The U.S. Geological Survey said today the shale-oil that could be tapped in those states is the largest so-called unconventional resource in the U.S., and the biggest potential oil supply in the nation after Alaska.