pjost (with my help) had hijacked Sledge's no coffee lids thread once already to talk about ND oil and I thought about hijacking it again but maybe this just belongs in its own thread. Probably lots of comments so here it goes.
Because this discussion falls in my general work topic about how people use land, I did a little web researching this afternoon. I'm by no means a petroleum expert but I do remember hearing about West Texas "sweet light" crude and Middle Eastern "sour" oil so I looked up what are some the regional differences in petroleum and what's some of the break even points for some of the newer extration that is going on. So here are some links. Don't think oil pumping is going to stop in ND or out of the Can tar sands with low oil prices but the pace of new extraction may slow down. But everyone knows the stuff is still there and prices won't stay down forever...
Benchmark (crude oil) - Wikipedia, the free encyclopedia
What do falling oil prices mean for U.S. shale plays?
Bakken crude is a bit more wild stuff:
Bakken Shale Oil Carries High Combustion Risk - WSJ
Quarter of new Canadian oil projects vulnerable if oil falls below US$80: IEA | Financial Post
Spot Prices for Crude Oil and Petroleum Products
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