Here's an interesting
read, important and verifiable information : About 6 months ago, the
writer was watching a news program on oil and one of the Forbes Bros. was
the guest. The host said to Forbes, "I am going to ask you a direct
question and I would like a direct answer; how much oil does the U.S.
have in the ground?" Forbes did not miss a beat, he said, "more than all
the Middle East put together." Please read below. The U. S. Geological
Service issued a report in April 2008 that only scientists and oil men
knew was coming, but man was it big. It was a revised report (hadn't been
updated since 1995) on how much oil was in this area of the western 2/3 of
North Dakota , western South Dakota ,andextreme eastern Montana
. check THIS out:
http://oilshalegas.com/bakkenshale.html
http://bakkenshale.net/bakkenshalemap.html
The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe
Bay, and has the potential to eliminate all American dependence on foreign
oil. The Energy Information Administration (EIA) estimates it at 503
billion barrels. Even if just 10% of the oil is recoverable... at $107 a
barrel, we're looking at a resource base worth more than $5..3 trillion.
"When I first briefed legislators on this, you could practically see their
jaws hit the floor.. They had no idea.." says Terry Johnson, the Montana
Legislature's financial analyst. "This sizable find is now the
highest-producing onshore oil field found in the past 56 years," reports
The Pittsburgh Post Gazette. It's a formation known as the Williston
Basin , but is more commonly referred to as the 'Bakken.' It stretches
from Northern Montana, through North Dakota and into Canada .. For years,
U. S. oil exploration has been considered a dead end. Even the 'Big
Oil' companies gave up searching for major oil wells decades ago.
However, a recent technological breakthrough has opened up the Bakken's
massive reserves.... and we now have access of up to 500 billion barrels.
And because this is light, sweet oil, those billions of barrels will cost
Americans just $16 PER BARREL! That's enough crude to fully fuel the
American economy for 2041 years straight. And if THAT didn't throw you on
the floor, then this next one should - because it's from 2006! U. S.
Oil Discovery- Largest Reserve in the World Stansberry Report Online -
4/20/2006 Hidden 1,000 feet beneath the surface of the Rocky Mountains
lies the largest untapped oil reserve in the world. It is more than 2
TRILLION barrels. On August 8, 2005 President Bush mandated its
extraction. In three and a half years of high oil prices none has been
extracted. With this motherload of oil why are we still fighting over
off-shore drilling? They reported this stunning news: We have more oil
inside our borders, than all the other proven reserves on earth. Here are
the official estimates: - 8-times as much oil as Saudi Arabia - 18-times
as much oil as Iraq - 21-times as much oil as Kuwait - 22-times as much
oil as Iran - 500-times as much oil as Yemen - and it's all right here in
the Western United States . HOW can this BE? HOW can we NOT BE
extracting this? Because the environmentalists and others have blocked
all efforts to help America become independent of foreign oil! Again, we
are letting a small group of people dictate our lives and our
economy.....WHY?
James Bartis, lead researcher with the study says we've
got more oil in this very compact area than the entire Middle East -more
than 2 TRILLION barrels untapped. That's more than all the proven oil
reserves of crude oil in the world today, reports The Denver Post. Don't
think 'OPEC' will drop its price - even with this find? Think again!
It's all about the competitive marketplace, - it has to. Think OPEC just
might be funding the environmentalists? Got your attention yet? Now,
while you're thinking about it, do this: Pass this along. If you don't
take a little time to do this, then you should stifle yourself the next
time you complain about gas prices - by doing NOTHING, you forfeit your
right to complain. -------- Now I just wonder what would happen in this
country if every one of you sent this to every one in your address book.
By the way...this is all true. Check it out at the link below!!! GOOGLE
it, or follow this link. It will blow your mind.
http://www.usgs.gov/newsroom/article.asp?ID=1911
Mr. President, lift all moratoriums on oil drilling in the U.S. NOW !
Looks like we have plenty of oil.
Steve
What are you talking about? The USGS survey you quote puts the estimate at
only 2 billion barrels, not 500 billion. ??? Is it oil shale? That is not
easy or cheap to extract...
Dave Leonard
Turbo Rotary RV-6 N4VY
http://N4VY.RotaryRoster.net
http://RotaryRoster.net
--
The Rotary Engine NewsLetter. Powered by Linux.
ACRE NL web site.
http://www.rotaryeng.net
Youtube key word PaulLamar2
Copyright 1998-2011 All world wide rights reserved.