"Scientists Discover (Biggest Ever) Oil field off U.S. coast
....Scientists from Cornell University have discovered a massive amount of Oil off the coast of Louisiana.The find is some 60 billion barrels or 3 Times more than current US recoverable Oil of 20 Billion barrels, and would bring US total reserves to 80 billion barrels which is on par with Venezuela. In comparison to other finds around the world, this is twice the size of all Oil ever found in the North Sea and 6 times larger than the estimates of the Alaskan ANWR oil deposits."

From http://www.newtechspy.com/articles06/oildiscovery.html