USGS releases assessment of undiscovered oil and gas resources in the Hosston and Travis Peak formations along the Gulf Coast

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RESTON, VA. — The U.S. Geological Survey released its assessment of potential for undiscovered oil and gas in two formations under much of the Gulf of America Coast from Texas to Florida, assessing that there are technically recoverable resources of 35.8 trillion cubic feet of gas and 28 million barrels of oil. 

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