recoverable

Alaska has about 25 billion barrels and the Gulf of Mexico has nearly 30 billion barrels of undiscovered, technically recoverable resources, according to BOEM.

Officials did not immediately provide a timeline for a complete cleanup but said the response would continue until the creek met “established environmental endpoints” and recoverable oil product was removed.

“The rare earths story is, at best, a decade away from producing anything of commercial value—assuming the resources are even technically recoverable, which is far from certain,” wrote Johnson in a Tuesday report.

The White House estimates $53 billion in recoverable resources from critical mineral projects under the new agreement.

“It’s the public policy of Texas that the recoverable oil and gas in the state’s reservoirs be recovered because it is in the public interest.”