A new report on Thursday by the United States Geological Survey (USGS) discovered the largest continuous oil and gas resources EVER in the Texas and New Mexico Delaware Basin.

The new report indicates the basin contains an estimated 46.3 billion barrels of oil plus 281 trillion cubic feet of gas and 20 billion barrels of NGL.



Assessment units of the Wolfcamp Shale and Bone Spring Formation in the Delaware Basin of Texas and New Mexico.

Credit: USGS

This is terrific news for American workers and consumers… Unless, of course, Democrats ever regain control of government.

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Science Daily reported: