Some interesting reading...
Wow! This is some great information. Check
out the USGS
article through the link at the bottom.
Here's an astonishing 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, and extreme eastern Montana ..... check
THIS out:
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," reportsThe Pittsburgh Post Gazette. It's a
formation
known as the Williston Basin , but is more commonly referred to as the
'Bakken.' It
stretches fromNorthern 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
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